US fiscal stimulus key factor for inflation in Mexico – governor

Bank of Mexico

The effect of the US’s new $1.9 trillion fiscal stimulus on inflation in Mexico will be a key focus during the Bank of Mexico’s (Banxico) next policy meeting on March 25.

Governor Alejandro Díaz de León highlighted the unpredictable effect these new measures will have on international markets and the peso’s exchange rate, a key determinant of inflation.

“We are in the process of digestion,” Díaz de León told Bloomberg on March 14. “It’s part of what we will be evaluating, together with a

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