Fourth, the two most recent inflation prints exceed the target and do not even correspond to the lowest inflation rates observed in Mexico during recent years. These caveats are all the more important as the target has not been achieved in the past, in the sense that inflation has not been fluctuating around 3 percent.
We will see whether in the end the institutional framework will be a political federation or a confederation of sovereign states, or whether other imaginative options will be explored. In the end, it is the people of Europe who will decide.