LatinNews Daily - 22 March 2019

* The governor of Mexico’s central bank (Banxico), Alejandro Díaz de León, has assured that the country will reach its objective of 3% inflation by mid-2020. Speaking at the 82^nd annual convention of the Mexican banking association in Acapulco, Guerrero state, Díaz de León said that market volatility had diminished in the first months of 2019 and was confident that the 3% inflation target would be reached in the first half of next year. Díaz de León noted that effective monetary policy had succeeded in bringing down inflation from 6.77% at the end of 2017 (the highest it had been since 2001) to the current rate of 3.94%.

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