MEXICO CITY: Mexico's central bank on Wednesday narrowed its 2016 growth forecast, and cut its 2017 outlook, adding it may revise estimates if new US policies have a negative effect on Mexican exports and foreign investment in the country.

In its quarterly inflation report, the central bank tweaked its 2016 growth forecast to between 1.8-2.3 percent compared to a previous estimation of 1.7-2.5 percent.

It cut its 2017 economic growth outlook to between 1.5-2.5 percent versus a previous 2.0-3.0 percent.

Copyright Reuters, 2016