Global Economy
Banxico Deputy Governor Heath says recent inflation data is very good, but not a victory
StockNow breaking-news AI analysis
Banxico Deputy Governor Heath stated short-term rate cuts are unlikely due to persistent services inflation risks, though monetary easing might be possible in a year.
News detail
Risk assessment is on the rise, number one factor is persistent services inflation. There would be no rate cuts in the short-term as it is necessary to check progress on inflation. Rate cut might be possible in a year.
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