Manuel Sánchez: The Mexican economy - a call for stronger fundamentals

Remarks by Mr Manuel Sánchez, Deputy Governor of the Bank of Mexico, at the Official Monetary and Financial Institutions Forum (OMFIF) Meeting, London, 21 October 2016.

I would like to thank the Official Monetary and Financial Forum for the invitation to talk to you today. I am honored by the privilege of participating in this excellent platform for worldwide public-private-sector interaction in finance and economics.

On this occasion, I will exchange my views with you on Mexico's economy in the face of a challenging international environment. I will first consider economic developments and prospects in the country, where external demand, and particularly its effects on the manufacturing sector, are key. I will then analyze the impact of global risk factors on financial markets and why it is important to fortify macroeconomic fundamentals in a context of worldwide uncertainty. Finally, I will look at monetary policy and inflation.