Banxico’s Rate Plans Waver Due to New 2024 Spending
After President López Obrador’s new spending proposal, Mexico’s central bank, Banxico, is considering revising its 2024 inflation goals. Experts like Sergio Luna and Víctor Ceja warn about inflationary risks. Banxico previously aimed to lower inflation to 3% by mid-2024. However, the Ministry of Finance predicts it could reach 3.8% by December 2024. Since March, the […]