Mexico central bank gov says MXN could see new volatility

Banco de México governor Diaz De Leon in an interview

  • Peso could see new bouts of volatility if international trade tensions intensify, economic data surprises
  • says core inflation is a 'challenge,' showing greater resistance to decrease
  • says is very important to address factors credit ratings agencies have signaled to avoid further downgrade for state oil firm Pemex
  • says bank's board will pay attention to new information, uncertainty over coming weeks before evaluating additional monetary policy actions

On Thursday the Bank of Mexico delivered a surprise 25 basis point rate cut.

Follow up interview with the Gov.

Banco de México governor Diaz De Leon in an interview

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