Mexican President Andres Manuel Lopez Obrador said on Monday that he would like ...
FILE PHOTO: The logo of Mexico's Central Bank is seen at its building in downtown Mexico City, Mexico February 28, 2019. REUTERS/Daniel Becerril/File Photo
MEXICO CITY - Mexican President Andres Manuel Lopez Obrador said on Monday that he would like the Mexican central bank to not only focus on controlling inflation but also think about growth in Latin America’s second-largest economy. Lopez Obrador also told U.S. news agency Bloomberg in an interview that it was important to lower interest rates to encourage economic growth.
“I would like the Bank of Mexico to not only focus on controlling inflation but also think about growth,” he said. “It is important to lower rates to encourage growth.”Reporting by Mexico City Newsroom; Editing by Stefanie Eschenbacher
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Asia markets set to trade mixed ahead of trade talks, central bank decisionsStocks in Asia Pacific were set to trade mixed on Tuesday as investors await developments from U.S.-China trade talks this week in Shanghai as well as monetary policy decisions from major central banks.
Read more »
What Do You Get for the Central Bank That Already Bought Everything?Heard on the Street: The Bank of Japan’s quandary is that it has gone practically as far as it can in cutting interest rates and purchasing government bonds
Read more »
BANK OF AMERICA: Buy these 10 stocks to stay safe as economic growth inevitably slows downBAML views defensive firms as those most insulated from cyclical downturn, and lists stocks that have a 28% average upside from current levels.
Read more »
Iran's vice president urges China, friendly countries to buy oilIranian Vice President Eshaq Jahangiri called on China and other countries frien...
Read more »
Mexico is not in recession, economy is improving: presidentMexican President Andres Manuel Lopez Obrador said on Monday the country was not...
Read more »
Hong Kong protests not yet causing 'big movement of money' to Singapore, says bank CEOSingapore — a tiny Southeast Asian country — and Hong Kong are often seen as competitors for the role of Asia's premier financial center.
Read more »