"Our main job is to maintain inflation expectations well anchored," Diaz de Leon said in an interview with Bloomberg TV, as he noted that the central bank raised rates earlier this month to prevent a weak peso and a recent gasoline price hike from hitting inflation expectations.
"We think that the increase in rates that has been put in place through today has created a significantly orderly adjustment to significant shocks that the economy has been seeing," he said when asked if the central bank needed to do more.Going forward, the next move by policymakers would depend on whether the U.S. Federal Reserve raises interest rates as well as "how this contamination of price formation could potentially affect the next inflation numbers and the output gap," Diaz de Leon said."We need to be mindful that probably the U.S. economy will accelerate its GDP growth and the contrary is expected for the Mexican economy," he said.Mexico's gross domestic product growth is expected to slow to around 1.5 percent this year from 2.3 percent last year.Diaz de Leon said it was difficult to answer whether the peso