Banxico would cut interest rate in February
In their expectations survey, analysts consulted by Citibanamex estimated that the next movement in the interest rate of Banco de México will be due to a reduction of 25 basis points.
This decision will take place at the monetary policy meeting agreed for February 11, 2021.
Experts project that the funding rate will close 2021 at 3.75 percent, against 4 percent in the previous survey.
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