How Mexico's Central Bank Keeps the Peso in Check
Deputy Governor of Banco de México, Galia Borja Gómez, highlights the importance of low and stable inflation for economic development. Banco de México's autonomy and commitment to inflation targets play a crucial role in navigating global economic uncertainty.
Recently, the global economic landscape has been marked by significant uncertainty. Factors like Brexit, the US-China trade conflict, and the COVID-19 pandemic have created a challenging environment for central banks worldwide. Mexico is no exception, and the country's central bank, Banco de México, has been diligently navigating these turbulent waters.
The Deputy Governor of Banco de México, Galia Borja Gómez, shed light on the role of central banking in times of financial uncertainty during a recent conference. In this article, we explore her insights and the central bank's commitment to maintaining low and stable inflation, as well as the implications for businesses and economic development.
