BofA Calls Out Aggressive Swaps Traders as Mexico Growth Slows

  • Central bank will only raise rate 25bps by year-end, BofA says
  • Mexico has cut its 2017 growth forecast and slashed spending

To Bank of America Corp., traders speculating on the direction of interest rates in Mexico may be underestimating the worsening outlook for the economy.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.