Mexico's Carstens Says Matching Fed Monetary Policy `Essential'

  • The question is whether to act before or after U.S., he says
  • Staying in step seen as one way to help bolster tumbling peso

Mexico central bank Governor Agustin Carstens said it’s “essential” that the country match the U.S. Federal Reserve on monetary policy, with the question being whether to act before or after any Fed moves.

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