The Bank of Mexico’s Governing Board has repeatedly stated that it will continue to examine all variables that could raise warnings about the emergence of any generalized pressures on prices and that, if such an event happens, it will adjust monetary policy to ensure convergence.
Is it better to have more general credit counsellors? Fourth, given the differential nature of cash flows and consumption patterns in rural and urban areas, is there a need for a segmented approach towards credit counselling? Fifth, should there be accreditation of credit counsellors? If so, who should do it - industry association or individual banks?