Macro Analysis /
Global

Mexico: Banxico QR - Modest changes to the outlook, keeping a hawkish tilt

  • Banxico published today its 2Q21 Quarterly Report, followed by a press conference from Governor Alejandro Díaz de León

  • Forecasts for growth were revised higher, with inflation unchanged as they were updated less than a month ago

  • Considering this, we maintain our call of 25bps hikes in each of the three remaining meetings of 2021

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
31 August 2021
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