Macroeconomic Forecast Policy Headache For Banxico In Q108

January 2008 | Macroeconomic Forecasts

The inflation data coming out of Mexico continues to provide conflicting signals, making it difficult to second guess the direction of monetary policy in the months ahead. On the one hand, headline price growth slowed considerably in the latter half of 2007, closing the year at 3.76%. This outturn was comfortably within the boundaries of Banxico 's

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