First of all let me say that any comments in this regard should be considered as preliminary, since the process of adjustment to the challenges faced has not concluded. It should also be kept in mind that the experience of one country 7  cannot automatically be considered as suitable for other economies. With these caveats in mind, I would underline the following: 1.
Inflation targeting has been an efficient framework for the implementation of monetary policy in Mexico under the present conditions of the world economy. 2. A timely and well measured response of monetary policy to inflationary pressures is essential to minimize the policy effort.