Mexican government decisions fuel investor fears: Bank of America securities survey
Mexican government decisions remain the biggest risk to the country, on top of a slowdown in the United States or slow vaccination. This is how 43% of mutual fund managers surveyed by Bank of America Securities see it.
This exceeds 40% of respondents who identified this same factor as the greatest risk in the March survey, which has remained at the forefront of displaying perceptions of Mexico since last January.
37% consider it Economic slowdown In the United States the risk is highest and only 8% indicated that a slow vaccination process posed a significant risk.
According to the results of a survey, conducted between April 5 and 8 out of 32 committee members, a quarter of fund managers expect Banco de México to raise Interbank financing rate To a range of 4.25% to 4.50% over the year and only 28% of the total the Bank of Mexico is expected to keep it unchanged at 4%.
According to the results, 7% of committee members estimate that the board will find room to cut the rate, leaving it between 3.5% and 3.75%.
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