Bank of Mexico increases monetary policy transparency

The governing board of the Bank of Mexico approved measures to boost the transparency of its monetary policy deliberations on August 5.

The central bank will start providing the votes of individual board members after its monetary policy meetings. This will entail indicating the members dissenting from the majority in interest rate decisions.

“This will give greater clarity on the decision-making process of the governing board,” said the central bank in a statement.

Additionally, the

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