Mexico’s latest economic reports have been encouraging after a first quarter of mixed results that may lead the central bank to cut its growth forecast for the year, bank Governor Agustin Carstens said.
Mexico’s inflation-linked bonds dropped to a five-year low after central bank Governor Agustin Carstens said yesterday that consumer price increases will slow toward the official 3 percent target in 2015.
Emerging markets haven’t decoupled from developed nations and must take steps to protect their economies from the effects of potential capital withdrawal, according to Mexican central bank Governor Agustin Carstens.
It looked like the start to another fine year for one of Mexico’s most powerful bankers. Citigroup Inc. Co-President Manuel Medina-Mora held court last month at a Mexico City breakfast where colleagues talked shop over mango, melon and banana. He sat at the right arm of the nation’s president at another February meeting when Enrique Pena Nieto toasted the bank’s drive, charity and influence.