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Reality will reveal monetary recklessness
Summary by Arena Pública
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The reality will reveal the imprudence of money What decision will Banxico announce this Thursday? Advance that will be a 50 point base cut in the bank anchor rate to a day. This will reduce the interest rate to 8.5%. The consensus of analysts expects this magnitude due to Banxico’s forward-looking guide. The main reason for this cut is the phase of the economic cycle with a more negative product gap. Banxico will argue that the slowdown in econ…
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