Banco de México: the right decision
Published on Friday, October 19, 2018 | Updated on Friday, October 19, 2018
Banco de México: the right decision
Summary
Last week saw the publication of the minutes of the Banxico Governing Board's latest monetary policy meeting. As we already knew, it was decided to leave the monetary policy rate unchanged at 7.75%, in a split vote in which four members voted in favour of no change and one voted to increase the rate by 25 bp. In my view, the majority decision seems to be the right one.
Geographies
- Geography Tags
- Mexico
Topics
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- Central Banks
Authors
Carlos Serrano
BBVA Research - Chief Economist
Documents and files
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