“The longer we take to lower inflation, the more complicated (the problem) becomes and the opportunity for it to become structural is enormous as complexity grows and price distortions are negative for the economy,” the manager said at a meeting. with means.
Regarding the end of Gerardo Esquivel’s period as deputy governor of the Bank of Mexico (Banxico), the former head of the country’s public finances said that the main challenge that the new official or Esquivel himself will face if he is ratified is inflation control. .
Serra Puche refused to give a forecast on who might be a good candidate for deputy governor of Banxico.
The median estimate for general inflation at the end of 2022 is 8.48%, according to the latest Citibanamex survey.
The Bank of Mexico has increased the referential rate by a total of 600 base points as part of a cycle of increases that began in June 2021, up to its current level of 10%.
