November’s inflation data from Mexico, which showed a second consecutive monthly rise in the headline rate, has strengthened the case for further monetary tightening. We now expect policymakers to raise interest rates by 25bp (to 7.25%) at Alejandro Díaz de León’s first meeting as Central Bank Governor next week.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.