Gabriel Casillas News
-
Mexico’s economy grew less than analysts expected in the first quarter, fueling bets policy makers will cut interest rates again this year.
-
Mexico’s industrial production fell three times more than analysts forecast in March, reinforcing expectations that the central bank will cut interest rates for the second time since 2009 later this year.
-
Mexico’s peso bonds gained, sending yields to a record low, after Fitch Ratings upgraded the nation one notch and as Grupo Financiero Banorte SAB projected the central bank will reduce the key rate in July.
-
Mexico central bank Governor Agustin Carstens, who oversaw the first benchmark rate cut since 2009, said lax monetary policies in developed nations and slowing inflation will help determine future interest rate decisions.
-
Gabriel Casillas, formerly chief Mexico economist for JPMorgan Chase & Co., took the job as top economist and head of research at Grupo Financiero Banorte SAB, he said in a phone interview from Mexico City.
-
Mexico’s largest mortgage provider plans to offer home buyers fixed-rate loans for the first time, as the two-decade long inflationary hangover from the country’s Tequila Crisis fades.
-
Mexico’s President Enrique Pena Nieto won support from his party to advance with his growth plan that includes ending a 75-year-old state monopoly on the oil industry.
-
Diminishing returns in the Mexican government bond market are prompting the nation’s pension funds to shift some of the $152 billion they manage into real estate.
-
Mexico’s peso rose after U.S. data showed a pickup in hiring and manufacturing, boosting economic prospects in the Latin American nation’s top export market.
-
Mexican President Felipe Calderon announced changes to his Cabinet, appointing a new energy minister who may be able to make more progress moving forward measures in Congress to boost oil production.
|
|
Most Popular on Bloomberg
|
| |
Rate this Page