Bank of Mexico board unsure about new government’s fiscal policies
Board members also voice concerns over Nafta negotiations with US
Bank of Mexico officials are concerned about uncertainty over the fiscal policies of Mexico’s incoming government, say minutes of the bank’s last monetary policy meeting, published on August 16.
Most board members said the fiscal policies of the incoming government of Andrés Manuel López Obrador are “uncertain”, the minutes say. They discussed how this could impact inflation. “The lack of details about the actions the new government will take in various fields also entails risks for the
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