Economics
Mexican Central Bank Braces for Faster-Than-Expected Fed Hikes
- Mexico central bank Governor Rodriguez speaks at senate
- Banxico sees Fed hiking faster than previously expected
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The U.S. will likely tighten monetary policy faster than previously expected, triggering knock-on effects in Mexico, central bank Governor Victoria Rodriguez Ceja said Thursday.
Fed hikes “will probably be greater and faster than anticipated, which implies an additional challenge for monetary policy in our country,” Rodriguez said in a senate hearing on Thursday.