The bank said last Friday that it will assess cuts from its key rate – currently 10% – “greater magnitude” than those implemented in 2024 as soon as in the first monetary policy meetings this year, referring a “calibration” in the middle of lower inflation and degree of monetary restriction.
“We have margin to carry out a calibration process in our monetary position during our next meetings and still continue to be restrictive,” Mejía said in a podcast of the Banorte Financial Group.
“The task is to calibrate this monetary restriction that is more consistent with the inflation environment we currently have,” he added.
Asked about a materialization of adverse scenarios for the economy and markets from decisions in the United States, the official said that Mexico has solid macroeconomic foundations to adjust.
