A detailed monetary policy report could be a useful vehicle for such enhanced communication. Because systematic policy is easily communicated to the public, it will improve the transparency and predictability of monetary policy, which reduces policy surprises.
BIS central bankers’ speeches  1  funds include Mexico’s prime location on the southern border of the world’s largest economy, an abundance of labor, and a growing consumer base. Mexico has made considerable progress in building solid macroeconomic foundations. It has achieved relatively stable, low public debt ratios, moderate inflation, and a sound financial regulatory framework.