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Banxico Governor-Elect Herrera Spoke With Fed's Powell On Inflation

MEXICO
  • On Friday evening, Mexico Finance Minister Arturo Herrera said that he spoke with Federal Reserve Chair Jerome Powell.
    • Herrera announced via twitter that he spoke with Powell about the U.S. economy, inflationary pressures and the labour market
  • Largely unnoticed following her June 6 visit to Mexico City, Vice President Harris announced a promising new action agenda of US-Mexico bilateral cooperation.
    • It sets the stage for deeper collaboration on key issues from migration to economics to public security. That agenda needs to be filled out and implemented in the months ahead, but the commitments may well signal a phase of better cooperation between these two highly connected neighbours. (US News)

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