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27th Jun 2024 18:16Latin AmericaDaily Monitor

  • Banxico held rates at 11% amid the MXN sell-off and rising inflation but the split vote signals a dovish shift.
  • Policymakers hinted at future easing, as the economy weakens and inflation falls.
  • The resilient labour market could face headwinds if economic weakness persists.

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Keywords for: 1 July 2024 LatAm Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence