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Published on Friday, December 8, 2017

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Mexico |A "hawkish hold" with risks ahead in an unusual context, the best strategy for now

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Summary

Monetary Policy should not react to temporary supply shocks. In a close call (70-30 odds) we expect Banxico to hold rates steady at next week’s policy meeting. A hawkish pause is enough for the time being

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Mexico

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171208_BanxicoWatch_eng

English - December 8, 2017

Authors

CS

Carlos Serrano BBVA Research - Chief Economist

JA

Javier Amador BBVA Research - Principal Economist

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