Monetary policy protects household income and assets: Bank of Mexico

The Bank of Mexico (BdeM) celebrated its 100th anniversary amid a complex economic climate, but with tangible achievements that directly impact the lives of millions of Mexican families. During the commemorative event, Governor Victoria Rodríguez Ceja emphasized that monetary policy has made it possible to protect both workers' incomes and household wealth planning, thanks to the price stability achieved in recent years.

Rodríguez Ceja emphasized that the central bank's work goes far beyond simple statistics and that its influence is reflected in concrete aspects of daily life, such as access to mortgage loans, spending power, and long-term spending planning.

One of the central points of the governor's speech was the importance of keeping inflation under control . Unlike past episodes, when prices rose uncontrollably and affected purchasing power, today's inflation levels are closer to the permanent target established by the Bank of Mexico.

This means that economic agents —families, businesses, and investors—can plan their consumption, production, and investment decisions with greater confidence. According to Rodríguez Ceja, this stability has been instrumental in enabling families to better organize their finances and look to the future with greater certainty.

The governor highlighted how the consolidation of monetary policy has impacted the Mexican financial system , allowing for deeper and more competitive development. As an example, she pointed out that it is now possible to access mortgage loans with interest rates and terms that were unthinkable just a few decades ago.

This progress not only benefits those seeking to purchase a home, but also families looking to build assets or invest in long-term projects. By reducing financing costs, opportunities for middle-class and lower-income households expand, facilitating economic and social progress.

Rodríguez Ceja emphasized that monetary policy is also reflected in the stability of real wages . Workers' incomes have managed to maintain their purchasing power without sudden fluctuations, allowing families to plan their consumption more efficiently.

In this sense, lower-income households have benefited the most, as they are the ones most acutely affected by inflation in basic goods. Thanks to price stability, the impact on their economic well-being has been mitigated.

During her speech, the BdeM governor also highlighted the solidity of the Mexican financial system , which she described as "robust and well-capitalized." This allows it to withstand external shocks, something especially relevant in a global environment marked by economic uncertainty and international tensions.

At the same time, he noted that more and more financial services alternatives have been opened, with the aim of promoting financial inclusion and expanding the range of products tailored to the needs of different sectors of the population.

This drive is also related to technological transformation . Digitalization has enabled the financial system to offer more agile and secure solutions, fostering social mobility and harnessing the entrepreneurial talent of Mexicans.

Another achievement mentioned was the modernization of the payment system . Today, most Mexicans can access tools that were once reserved only for large transactions. Electronic transfers and other digital mechanisms allow for secure, fast, and lower-cost transactions, which directly benefits the daily lives of millions of people.

These types of advances have also been key to boosting e-commerce, banking, and the formalization of small businesses, which find in these instruments a means of growth and consolidation.

In her message, Rodríguez Ceja was emphatic: the Bank of Mexico 's work is not limited to macroeconomic figures. Its real impact is felt in the economic stability of households , in the ability of families to plan their children's education, purchase a home, or cope with unforeseen events with greater confidence.

The presence of President Claudia Sheinbaum Pardo at the commemorative event reinforced the relevance of this message, in a context in which monetary policy is recognized as a pillar for ensuring social and economic well-being.

One hundred years after its founding, the Bank of Mexico reaffirms its role as guardian of price stability and the proper functioning of the financial system. Its consistently applied monetary policy has protected workers' incomes , facilitated access to more affordable credit , and strengthened families' ability to build solid assets .

Beyond numbers and statistics, the results are reflected in the daily lives of Mexicans: from the market to their mortgages, from salary stability to the ability to plan for the future with greater certainty. Monetary policy, as Rodríguez Ceja pointed out, translates into concrete benefits for millions of people .