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Rates, Inflation and Volatility: the Balance Game Between Mexico and the United States
Summary by El Economista
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The consensus of financial analysts expects the Bank of Mexico to announce a cut of 25 basis points on the Target Rate on September 25, which would put it at 7.50%, considering that it has scope to enter a neutral terrain, while the central bank itself foresees that inflation will continue to decline in the next three quarters.The main mandate of the Bank of Mexico (Banxico) is to maintain price stability and the purchasing power of the currency…
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