Tag: Mexico central bank

Mexico central bank board member Guzman was lone vote to hold rates steady

MEXICO CITY: Mexico central bank deputy governor Javier Guzman was the sole board member who voted to hold the Bank of Mexico's benchmark interest rate...

Mexican central bank cuts economic outlook, sees virtually no growth in 2019

MEXICO CITY: Mexico's central bank on Wednesday slashed its economic outlook for this year to forecast virtually no growth, citing slack conditions that will persist...

Mexico’s central bank seen holding key rate, striking dovish tone

MEXICO CITY: Mexico's central bank is seen keeping the key interest rate on hold at its monetary policy meeting later on Thursday as a weakening...

Mexico central bank board warns of Q2 economic weakness

MEXICO CITY: All five of the Mexican central bank's board members agreed the slowdown in Mexico's economy had been larger than anticipated, with "signs of...

Mexico central bank holds rates steady but board splits

MEXICO CITY: Mexico's central bank held its benchmark interest rate steady on Thursday, as expected, although as worries over the economy grew, the board was...

Mexico’s central bank expected to hold interest rate at 8.25pc

MEXICO CITY: Mexico's central bank is expected to hold its benchmark interest rate steady at 8.25pc on Thursday, according to a Reuters poll, after annual...

Mexico must boost Pemex creditworthiness

MEXICO CITY: Mexico should reinforce Pemex's creditworthiness after recent downgrades given the state oil company's importance for the economy, public finances and the financial system,...

Mexico central bank further slashes growth forecast

MEXICO CITY: Mexico central bank cut its outlook for growth in Latin America's No. 2 economy in 2019 to a range of 0.8%-1.8% on Wednesday,...

Mexico central bank warns Pemex challenges could put stability at risk

MEXICO CITY: Financial challenges at Mexican state oil company Pemex could pose a risk for the country's macroeconomic stability, Mexico's central bank said in minutes...

Mexico central bank governor sees inflation nearing 3pc in H1 2020

MEXICO CITY: Mexico Central Bank Governor Alejandro Diaz de Leon said at an event on Wednesday that he expects inflation to be nearing the bank's