October 3, 2016 / 1:42 PM / a year ago

Mexico's Carstens: Better to act preemptively on inflation risk

MEXICO CITY, Oct 3 (Reuters) - It is better for Mexico’s Central Bank to act in advance on monetary policy decisions to head off any pressures on inflation, Governor Agustin Carstens told local radio on Monday, days after a 50 basis point rate hike.

He added he would have expected a bigger increase in non-oil exports due to the depreciation of the local peso currency. (Reporting by Mexico Newsroom)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below