Earlier posts on Reuters interview with Banco de Mexico Governor Agustin Carstens
Mexico central bank head - too early to talk about rate cuts next year
More on Banco de Mexico Governor Agustin Carstens - too early to talk rate cuts
More again now:
- Says risk for peso include oil prices, relationship with us and surprises from us monetary policy
- Mexico's current monetary policy is "much stronger" anchor on exchange rate
- Mexico now better prepared for different outcomes that could result from nafta negotiation
- NAFTA process has been smoother than expected, handled in professional way by both parties
- Says tight fiscal and monetary policies in place will help Mexico weather volatility related to Mexican 2018 elections and NAFTA renegotiation
- Results of economic reforms should put Mexico in relatively favorable situation next year
- Mexico's monetary policy position should not be a major factor in slowing the economy this year
- Mexico's monetary policy is on higher end of neutrality towards restrictive
- The majority of board considers that inflation will "for sure" peak in the second half of the year
- Says his personal view is we are not very far away from inflation peak
- Says so far we have been successful in avoiding second order effects on prices
- We have not seen much pressure on inflation from wage increases
- Tightness in labor market is something we will have to be very watchful of in coming months
MXN has lost interest ...
more to come
