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Published on Thursday, December 17, 2015 | Updated on Thursday, December 17, 2015

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Mexico | 0.25% rise in the monetary policy rate

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Summary

Banxico raised the fondeo rate to 3.25% in a move motivated by the risks posed by the US monetary normalization on inflation and expectations. The tone of the statement indicates that relative monetary policy will be the main factor behind the decisions of the central bank in the short term

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