Bank of Mexico minutes show inflation risks biased to upside
Bank of Mexico minutes from its September meeting say the balance of risks for inflation remains biased to the upside, with five board members sharing that view, while the board voted unanimously to hold the benchmark interest rate.
Most of the Bank of Mexico's five board members said the balance of risks for the inflation path remains tilted to the upside, according to minutes from its September monetary policy meeting released on Thursday. At the meeting, the board voted unanimously to hold the benchmark interest rate.