* Mexico’s central bank (Banxico) has warned that some of the economic policies proposed by President-elect Andrés Manuel López Obrador could have negative consequences and lead to increased inflation and a sharp economic slowdown in the medium term. The minutes from a recent meeting of Banxico’s board warned that López Obrador’s pledges to ramp up government spending, and increase the national minimum salary, could lead to a deterioration of the public finances, stoke inflation, and negatively impact private sector investment levels.
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