Mexico | New cuts to public spending to support fundamentals before volatility from Brexit
Published on Friday, June 24, 2016 | Updated on Saturday, June 25, 2016
Mexico | New cuts to public spending to support fundamentals before volatility from Brexit
Summary
In our opinion, the additional cut to public spending announced by the Minister of Finance is a favorable measure as it mostly applies to current spending given the increase in volatility from Brexit. In regard to monetary policy, we maintain our call that Banxico will keep its policy rate unchanged
Geographies
- Geography Tags
- Mexico
Topics
- Topic Tags
- Macroeconomic Analysis
Tags
- Tags
- Brexit
Authors
Javier Amador
BBVA Research - Principal Economist
Iván Martínez Urquijo
BBVA Research - Senior Economist
Francisco Javier Morales
Arnulfo Rodríguez
BBVA Research - Principal Economist
Carlos Serrano
BBVA Research - Chief Economist
Documents and files
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