Banxico Follows Fed, Raises Key Rate to 6.50%

The video discusses the Mexican central bank's decision to slow down its rate hikes due to the peso's appreciation and the impact of inflation concerns. The peso's performance has been strong, making the central bank's job easier, but inflation remains a concern due to gasoline price hikes. The finance ministry received a windfall from peso depreciation, aiding debt reduction. The upcoming presidential election may be influenced by inflation concerns, with the incumbent party facing criticism over government decisions affecting prices.

What are the main concerns of the Central Bank regarding inflation as mentioned in the text?

How might the upcoming presidential election be influenced by inflation concerns?

What are the two main factors driving inflation in Mexico as identified by the Central Bank?