The further rise in Mexican inflation in September will provide yet more ammunition to the hawks within Banxico. But with inflation now likely to have peaked, we still expect the next move in interest rates to be down – although this is unlikely to come until around the middle of next year.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services