Macro Analysis /
Global

Mexico: Banxico Minutes – Strong discussions around the persistency of inflation

  • Banxico published the minutes of the decision held on August 12th, maintaining a hawkish tone and focus on inflation

  • Opinions from dissenters were strong, likely to remain voting against hikes in coming decisions

  • We maintain our view of three 25bps hikes in the remainder of the year, taking the rate to 5.25% by the end of the year

Gabriel Casillas Olvera
Gabriel Casillas Olvera

Managing DirectorInvestor Relations Officer and Chief Economist

Contributors
Alejandro Padilla Santana
Juan Carlos Alderete Macal
Francisco Jose Flores Serrano
Banorte
26 August 2021
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