Economics, Econometrics and Finance
8 years ago

Monetary policy in Mexico becomes key anchor for economic stability.

The North American Journal of Economics and Finance
Monetary policy and interest rates: evidence from Mexico
Alberto Torres

Paper Summary

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The article examines how monetary policy in Mexico has acted as a stabilizing force for the economy. By analyzing various factors and using a monetary policy rule, the researchers found that interest rates in Mexico have been determined in line with inflation-targeting principles. This suggests that recent monetary policy in Mexico has effectively served as the nominal anchor for the economy.