Free Trial

Banxico’s Espinosa: Monetary Policy Still Accomodative

MEXICO
  • Taken from a podcast hosted by Banorte - Central bank board member Irene Espinosa said Banxico’s monetary policy is still in an accommodative terrain and must respond decisively to inflation levels.
  • From the Bloomberg report:
    • “Our monetary policy must respond decisively to inflation levels, to the persistence of inflation and to the signals that we are already seeing in terms of the impact on expectations.”
    • “It is essential for Banxico to act clearly to contain the most lasting effects on the price formation process and that cause the de-anchoring of medium and long-term expectations.”

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.