Mexico's Central Bank Chief: Economy is going to continue growing below its potential

Felipe Erazo FXStreet

Mexico's central bank chief Agustin Carstens crossed the wires last minutes, via Reuters, saying that Pick up in prices does not reflect a sustained acceleration in inflation.

Key headlines (via Reuters):

There are certain prices that we will have to pay attention to
If Banxico overreacts, Mexico could put in place higher rates than needed and impact economy
Peso depreciation has contributed to elements of core inflation
Fluctuation in exchange rate should not automatically affect prices across the board
Inflation expectations are well anchored

Author

Felipe Erazo

FXStreet

Born in Colombia, Felipe Erazo is the American Session Manager at FXStreet. He has been studying journalism with a degree in social communication at the Universidad de Chile.

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