Banxico: playing it safe
Published on Friday, February 9, 2018 | Updated on Monday, February 12, 2018
Banxico: playing it safe
Summary
Banxico raised its policy rate by another 25bp to 7.5%, as widely anticipated, and in line with our and consensus call, given recent communication hawkishness and hints from Banxico's governor ahead of the decision. The policy rate is now at a nine year high.
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- Mexico
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- Central Banks
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Authors
Carlos Serrano
BBVA Research - Chief Economist
Javier Amador
BBVA Research - Principal Economist
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