Miguel Messmacher

Bond Traders Drug-War Anxiety Wanes on Pena Nieto: Mexico Credit

President Enrique Pena Nieto’s bid to reform tax and energy laws is directing investors’ attention toward Mexico’s economic prospects and away from its six-year drug war.

Mexico Inflation May Stay Above 4% This Quarter, Messmacher Says

Mexican inflation may not slow within policy makers’ target range this quarter as forecast by central bank Governor Agustin Carstens, the Finance Ministry’s top economist said.

Mexico Has No Plans to Revise 4% GDP Forcast, Messmacher Says

Mexico has no plans to revise its 2011 economic growth forecast of 4 percent, Miguel Messmacher, the Finance Ministry’s chief economist, said today in Mexico City.

China's Plan for Yuan May Aid Mexico Manufacturing Sector, Messmacher Says

China’s decision to ease the yuan’s peg against the dollar may bolster the global economic recovery and help Mexico’s export-driven manufacturing industry, said Miguel Messmacher , chief economist at Mexico’s Finance Ministry.

Mexico GDP Growth Quickened to Over 4% in First Quarter, Messmacher Says

Mexico’s economy rebounded in the first quarter, expanding more than 4 percent from a year earlier after contracting 2.3 percent in the last three months of 2009, the Finance Ministry’s chief economist said.

Mexico’s Low Interest Rates, Weaker Peso Help in Crisis, Messmacher Says

Mexico’s low interest rates and the peso’s depreciation are “favorable” for helping policy makers handle crisis, Miguel Messmacher, the Finance Ministry’s chief economist, said today in Mexico City.

Messmacher Says Mexico Has Less Financial Contagion Than 2008-09

Mexico is currently suffering less financial contagion that was the case in the 2008-2009 period, Miguel Messmacher, the Finance Ministry’s chief economist, said today in Mexico City.

Pena Nieto Pemex Fund Plan Falls $1.1 Billion Short of Request

Mexican President Enrique Pena Nieto lowered the proposed amount Petroleos Mexicanos will spend on exploring, producing and refining oil next year, presenting a budget 4 percent below the company’s expectations.

Mexico’s Pena Nieto Proposes Balanced Budget for His First Year

Mexican President Enrique Pena Nieto proposed a balanced budget for his first year in office, seeking to offset a 2.3 percent increase in spending with higher tax collection and oil revenue.

Mexico’s Policy Makers See Inflation Outlook Improving

Mexican policy makers were unanimous in their decision to keep the key interest rate unchanged last month, saying the inflation outlook has begun to improve, the minutes of the meeting released today showed.

"Obviously, as you carry out a series of important reforms, this will be a positive point about information and perception."

- Miguel Messmacher on Apr 23, 2013

Mexico

Finance Ministry

Latin America

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