Banxico Shocks Markets, Bumps Interest Rates 50 Points
This is the 14th time in a row that Mexico’s Central Bank has raised the rate in a nearly two-year cycle
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This is the 14th time in a row that Mexico’s Central Bank has raised the rate in a nearly two-year cycle
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By ANTONIO GARZA, former U.S. ambassador to Mexico
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By ANTONIO GARZA, former U.S. ambassador to Mexico
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By THÉRÈSE MARGOLIS Former Central Bank of Mexico (Banxico) Governor and current General Manager of the Bank for International Settlements (BIS) Agustín Carstens said Tuesday, April 5, that, like it or not, inflation is here to stay, at least for the foreseeable future. Speaking before the International Center for Monetary and Banking Studies in Geneva, Switzerland, Carstens, who served as
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By RICARDO CASTILLO Former Presidents to Lose Legal Protection Mexican President Andrés Manuel López Obrador (AMLO) sent a petition to the Senate on Monday, Sept. 14, asking lawmakers to carry out a citizens’ consultation over whether to bring the five past presidents to trial, if charged. With this final request, there have now been three different attempts to bring one
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By RICARDO CASTILLO Chihuahua Governor Seeks Martyrdom In the past two weeks, National Action Party (PAN) Chihuahua Governor Javier Corral has staged two major publicity stunts: First he led a group of 10 state governors to splinter from the National Governors’ Conference (Conago), and then, Immediately afterwards, he permitted a group of farmers to take the federally managed and National
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By RICARDO CASTILLO … A quick review of the most important news items in Mexico over the last few days…
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