Carstens Reiterates Mexico May Not Have to Wait for Fed Hike

Updated on
  • Mexico must find right moment for monetary policy action
  • Fed rate increase could create market turbulence for Mexico

Mexico central bank Governor Agustin Carstens reiterated that policy makers haven’t ruled out raising interest rates before the U.S. if they sense peso weakness creating conditions that could spur faster inflation.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.