The governor of Banco de México (Banxico), Alejandro Díaz de León, said that a pause in the cycle of cuts in the reference rate gives the monetary entity options to maneuver according to the evolution of inflation, and assured that the country's economic recovery is closer to the central bank's most optimistic forecasts.

According to Díaz de León, Mexico's economic recovery is more in line with the two most optimistic scenarios established by the central bank in its last quarterly report and less with the most pessimistic of its forecasts.

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