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Bank of Mexico Cenbank: Board members will assess the magnitude of the upward adjustments

Bank of Mexico Cenbank: Board members will assess the magnitude of the upward adjustments

The Bank of Mexico meeting minutes are trickling out:

  • Board members will assess the magnitude of the upward adjustments to the reference rate based on the prevailing conditions
  • Board member Esquivel said I consider it necessary to start reducing the pace of the hiking cycle, and that this was a signal that we are nearing the cycles of terminal rate and would also be consistent with the current balance of risks
  • All board members highlighted that food merchandise infl... Read More
Posted: Nov 24 2022, 15:10
Author Name: forexlive
Views: 101868

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