We can be certain that the decisions that have already been made, since the increases in interest rates began, will soon make a dent in price levels, considers Ángel Huerta.
As long as the monetary policy of the US central bank does not cause damage to the local economy, it will not change its position of raising the interest rate.
Bank of America economists expect Banxico to implement two consecutive 75 basis point rate hikes in September and November, and then a 50 basis point increase in December.
"Where we finally leave interest rates and the extent of the steps we take will depend on how the inflation outlook evolves as we proceed," Lagarde said.
The increase of 50 basis points, the highest in 27 years, occurs despite the fact that the monetary entity foresees a recession, since inflation is already more than 13%.
The lack of rain "is possibly now part of the shocks that we are seeing that is affecting inflation," said the deputy governor of the central bank, Gerardo Esquivel.
Danni Büchner is invited to Sam Dylan's Halloween party. But the "Goodbye Germany" emigrant has no desire for many other party guests. And find clear words.
