Inflationary Rebound Will Not Prevent Banxico from Cutting Rates in March
Mexico City – Inflation in Mexico More Than Expected by the Market in Early 2024 After a Significant Rebound in Fruit and Vegetable Prices, However, Five Analysts Believe That the Inflationary Rebound Will Not Prevent the Bank of Mexico ( Banxico) Cuts the Interest Rate in March. in the First Half of January 2024. General Inflation Increased to 4.9% Annually. Inegi, Which Was Above What Was La Feliz and the main tourist destinations in the country generally opt for “ gas tourism .” “ Consumption is . People take great care of themselves. “It is something that is oin different areas, including gastronomy. Summary area Jesús Osorno , president of the Hotel and Gastronomic Business Association (AEGH) of Mar del Plata. But lower demand is also in mass consumption.
An Impediment for the Central
The Highest Level in Almost a Year. the Increase in the Price of Products Such as Tomatoes, Green Tomatoes and Onions to the Rise in Non-Core Poland Phone Number List Inflation. Tomato Was the Product Thatthe Most in Price and with the Greatest Impact on the National Consumer Price Index (Inpc), This Basic Basket Product Increased by 25% in the First Half of January Alone. Analysts from Vector Casa De Bolsa Grupo See the Rebound in Non-Core Inflation as a Risk for General Inflation. with the Understanding That It Is a Volatile Component but This It Would Not Be an Impediment for the Central Bank to Cut the Interest Rate – Today at a Level of 11.25% – at the March Monetary Meeting. the Governor of Banxico.Victoria Rodríguez Ceja. Declared at the End of Last Year That the Central Bank Would Evaluate an Interest Rate Adjustment in the First Quarter of 2024, Which Analysts’ Bet on a Cut in the Benchmark Index in March .
Communication of the Next Monetary
Luis Adrián Muñiz, Analyst at Vector Casa De Bols. Said in a Note That the Surprise of the Increase in Inflation Does Not Support the Narrative of an Interest Rate Cut Taiwan Phone Number List by Banxico. Although the Shock Comes from Non-Core Prices That Significantly. “We Will Be Attentive to the Communication of the Next Monetary. Alejandro Padilla. Chief Economist of Banorte. In a Note That the Members of the Banxico Governing Board Will Focus on the Dynamics of Underlying Inflation. Highlighting Its Downward Trajectory. However, the Weight They Give to the Performance of the Non-Core Will Be Relevan. Especially If They Believe the Shocks Could Be More Transitory or Permanent.
