BIS central bankers’ speeches  5  Finally, although actions by the U.S. Federal Reserve must continue to be taken into account, the need for further adjustments may arise independently of U.S. policy moves, for example if inflation expectations become misaligned as a result of international volatility. Concluding remarks Mexico has set itself apart from other emerging economies in some respects.
However, to an extent, markets continue to treat the country as if it were an average case, and sometimes, below the mean in its asset class. This implies that Mexico must make further progress on possible sources of differentiation. These include improvement of macroeconomic fundamentals, with sustainable public finances and timely monetary-policy adjustments to consolidate price stability.