JPMorgan's Lozano Sees Deteriorating Mexican Peso

The video discusses the impact of economic shifts on the Mexican economy, focusing on the peso's appreciation and challenges from oil price shocks and new measures. It explores the Central Bank's monetary policy response to inflation and growth risks, including interest rate adjustments. The discussion also covers US-Mexico trade relations, highlighting potential tariff changes and political dynamics under different scenarios, such as 'hard Trump' and 'soft Trump'.

What are the expected inflation rates for Mexico in the coming year according to the text?

In what ways might a 'soft Trump' approach differ from a 'hard Trump' approach regarding tariffs?