#Mexico joins hawkish #LatAm #CentralBanks by unexpectedly raising interest rates—Traders Bet Rates to Rise Much More

Mexico joined the hawkish band of Latin American central banks by unexpectedly raising interest rates.

Traders Bet Rates to Rise Much More Than Officials Signal

Brazil has already hiked too this year and Chilean policy makers this week considered acting as well. Traders are now bracing for more aggression as inflation pressures pickup.

See the whole article on Bloomberg here: 
https://www.bloomberg.com/news/articles/2021-06-24/mexico-s-central-bank-votes-for-a-surprise-key-rate-hike