Inflation alarm bells, Amlo seeks price freeze

The rise in inflation to multi-decade highs across much of the region in April is clearly worrying policymakers and, this week, Mexico’s government became the latest to announce measures to cushion the blow to consumers. Mexico’s plan should help to reduce inflation a little, but it will incur a fiscal cost and faces major implementation challenges. In the meantime, the latest inflation developments and comments from central banks support our view that interest rates across the region will be hiked further than most currently expect. China Drop-In (12^th May, 09:00 BST/16:00 SGT): Join our China and Markets economists for a 20-minute discussion about near to long-term economic challenges, from zero-COVID disruptions to US-China decoupling. Register now.