Mexico central bank sees inflation risks biased to upside, minutes show
TLT•Most of the Bank of Mexico’s five board members saw inflation risks tilted to the upside, while the board unanimously held its benchmark rate at 6.5%.
1. Minutes show inflation concerns
Most of the Bank of Mexico’s five board members believed the balance of risks for inflation remained biased to the upside. At the September meeting, the board voted unanimously to keep its benchmark interest rate at 6.5%.
