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Mexican central bank boosts growth forecasts
The move to re-shore production to North America has been a tailwind for Mexico and for the Mexican peso. The central bank boosted its forecast for growth this yer and slightly raised inflation as well:Sees 2023 GDP at 3.0% vs 2.3% priorSees 2024 GDP at 2.1% vs 1.6% priorSees core inflation for Q4 at 5.1% vs 5.0% priorIf Mexico could ever get crime under control, it would be boom. I've been a long term MXN bull. This article was written by Adam Button at www.forexlive.com...
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Posted: Aug 30 2023, 18:46
Author Name: forexlive
Views: 111614