Nothing guarantees that slowing down the economy will curb inflation

Proof of this is that in Banxico's most recent Economic Expectations Survey, the analysts consulted estimate that consumer price inflation will close this year at 6.88% and that it will be 4.40% by the end of 2023. Similarly, the average obtained from the most recent Citibanamex Expectations Survey shows the same phenomenon, with inflation forecast at 6.75%…