Earlier posts on Reuters interview with Banco de Mexico Governor Agustin Carstens

Mexico central bank head - too early to talk about rate cuts next year

More on Banco de Mexico Governor Agustin Carstens - too early to talk rate cuts

More again now:

  • Says risk for peso include oil prices, relationship with us and surprises from us monetary policy
  • Mexico's current monetary policy is "much stronger" anchor on exchange rate
  • Mexico now better prepared for different outcomes that could result from nafta negotiation
  • NAFTA process has been smoother than expected, handled in professional way by both parties
  • Says tight fiscal and monetary policies in place will help Mexico weather volatility related to Mexican 2018 elections and NAFTA renegotiation
  • Results of economic reforms should put Mexico in relatively favorable situation next year
  • Mexico's monetary policy position should not be a major factor in slowing the economy this year
  • Mexico's monetary policy is on higher end of neutrality towards restrictive
  • The majority of board considers that inflation will "for sure" peak in the second half of the year
  • Says his personal view is we are not very far away from inflation peak
  • Says so far we have been successful in avoiding second order effects on prices
  • We have not seen much pressure on inflation from wage increases
  • Tightness in labor market is something we will have to be very watchful of in coming months

MXN has lost interest ...

more to come