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Banxico’s Heath Says Inflation Entering 'Difficult Terrain'

MEXICO
  • Deputy Governor Heath says inflation showing signs of persistence, entering 'difficult terrain' - El Pais Interview
  • Says latent risks, difficulties ahead concerning inflation
  • Board members who see monetary posture from real ex ante rate say we are not really easing monetary stance, we are maintaining with a small adjustment
  • Strength of Mexican economy has played a role in persistence of domestic inflation
  • An additional minimum wage increase would start to push up average wages (Reuters News)

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