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Mexico central bank has room to keep adjusting rates-Carstens
March 23, 2017 / 2:14 PM / 9 months ago

Mexico central bank has room to keep adjusting rates-Carstens

MEXICO CITY, March 23 (Reuters) - Mexico’s central bank has some margin to continue adjusting interest rates to combat an inflation bubble that should deflate later this year, Mexican central bank governor Agustin Carstens said in a radio interview on Thursday.

Mexico’s central bank raised its benchmark interest rate last month to a nearly eight-year high after a steep hike in gasoline prices and weakness in the peso sparked by Donald Trump’s election as U.S. president. (Reporting by Veronica Gomez Sparrowe)

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