The deputy governor highlighted that the members of the Governing Board will continue to discuss further cuts to the reference rate from now on.
“What I appreciate is that the level of restriction we have has room to precisely be recalibrated forward,” Mejía said at the end of his participation.
The Governing Board last week it reduced the interest rate to 10.25% and the market expects there to be a new cut next December so that the rate closes the year at 10%.
About him Economic Package 2025 which the Treasury presented last Friday, Mejía said that the fiscal consolidation presented by the package is “within the margins” estimated by the Bank of Mexico.
He added that the economic forecasts made by the Treasury regarding GDP and inflation were well received by the market.
