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Mexico annual headline inflation seen higher in early April- Reuters poll

Mexican headline inflation likely ticked up in the first half of April as core inflation eased, a Reuters poll showed on Tuesday, boosting expectations that Mexico's central bank will hold its benchmark interest rate at its next monetary policy meeting. A median forecast of 11 analysts predicts annual headline inflation of 4.48% for the first 15 days of the month, above the 4.37% recorded in the second half of March. Mexico's headline inflation rate has sped up after bottoming out at...
Buenos Aires Distrito Federal Jonathan Heath Noe Torres Andrea Ricci Gabriel Burin
Source: yahoo.com

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Bank of Mexico deputy governor sees rates on hold for longer than expected

Bank of Mexico Deputy Governor Jonathan Heath said on Friday the benchmark interest rate is likely to remain unchanged for longer than expected by markets, noting it would likely stay put at 11% at the May policy meeting and that the June decision would be data dependent. Speaking to Reuters on the sidelines of the International Monetary Fund and World Bank spring meetings, Heath underscored the importance of waiting until service sector inflation demonstrates a clear downward trajectory, sugge...
United States World Bank District Of Columbia Jonathan Heath Marcela Ayres Anthony Esposito
Source: yahoo.com

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