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Mexican central bank hikes rates 50 bps vs 25 bps expected

Mexican central bank hikes rates 50 bps vs 25 bps expected

Central Banks
Adam Button
16/12/2021 | 19:29 GMT
  • Banxico hikes rates

Central banks everywhere are feeling the pressure from inflation. The vote was 4-1 with the dissent for a 25 bps hike.

The peso is at a four-week high in the aftermath.

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