Economics Monetary Policy Questions
The role of the Central Bank of Mexico in monetary policy in Mexico is to control and regulate the country's money supply, interest rates, and exchange rates. It is responsible for implementing policies that aim to maintain price stability, promote economic growth, and ensure the stability of the financial system. The central bank uses various tools such as open market operations, reserve requirements, and discount rates to influence the availability and cost of credit in the economy. Additionally, it monitors and supervises financial institutions to maintain their solvency and stability.