Mexico's Economy Mexico is well-placed to navigate a turbulent global environment due to "very strong" macroeconomic policies and policy frameworks.

[Freddy]

The fund also said it welcomed the "proactive approach" from Mexico's central bank, known as Banxico, in tackling inflation with interest rate hikes. In September, Banxico raised rates by 75 basis points to a record 9.25%.

On Friday forecast Mexico's economy will grow 2.1% in 2022 and 1.2% in 2023, saying "economic growth is expected to slow in the near term reflecting weaker U.S. growth and tighter global financial conditions."

https://money.usnews.com/investing/news/articles/2022-11-04/imf-projects-mexicos-economy-will-slow-in-the-near-term