Mexico monpol may need to become more restrictive yet, cenbanker says

MEXICO CITY (Reuters) – The Bank of Mexico may need to continue tightening monetary policy to bring down inflation, said Gerardo Esquivel, a member of the central bank’s board.

In an interview with Mexican news outlet Excelsior, Esquivel said the bank’s board “may need to go a little further in the restrictive zone” to guarantee lower inflation.

Esquivel posted a link to the interview on his Twitter feed.

(Reporting by Kylie Madry)