banxico decision, 2019-08-15
In order to consolidate a low and stable inflation, in an environment in which price formation and slack conditions in the economy are subject to risks, the Governing Board will continue to follow closely all factors and elements of uncertainty that have an impact on inflation and its outlook, and will take the required actions based on incoming information so that the policy rate is consistent with the orderly convergence of headline inflation to Banco de México’s target within the time frame in which monetary policy operates.
Sentiment: neutral
Topic: mp_inflation