Agustín Carstens is Governor of the Bank of Mexico

  • Peso losses and recovery this year a good example of how peso overreacts
  • Says expect inflation will be above target range this year, begin falling by end of 2017 and converge to 3 pct in 2018
  • Says bank will act opportunely to ensure inflation expectations are anchored
  • Mexico looking for best combination of monetary, fiscal policy

Headlines via Reuters

more to come

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