The Central Bank of Mexico has recently published the minutes of its last meeting, providing the key highlights, via Reuters, found below.
- All members agree downward trajectory on inflation is due in good measure to actions of monetary policy.
- Majority of members think inflation will continue in line with estimates.
- Minutes say all members said important that monetary policy contributes to convergence of inflation to target.
- Majority of members thought the balance of risks to growth remain tilted downward.
- Most members thought balance of risks to inflation remained tilted upward.
- Majority said central scenario is based on orderly behavior of peso.
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