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Too early to think of ending rate hike cycle in Mexico, cenbanker says

This advertisement has not loaded yet, but your article continues below. Author of the article: Article content MEXICO CITY — It is “very, very premature” to start thinking of ending the current interest rate-hiking cycle in Mexico, one of the Mexican central bank’s board members said on Twitter on Monday. “The Federal Reserve will continue…
byAva Gardner
August 30, 2022
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Too early to think of ending rate hike cycle in Mexico, cenbanker says
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MEXICO CITY — It is “very, very premature” to start thinking of ending the current interest rate-hiking cycle in Mexico, one of the Mexican central bank’s board members said on Twitter on Monday.

“The Federal Reserve will continue to go higher for a while until starting to see results and we will have to do practically the same,” board member Jonathan Heath said. (Reporting by Carolina Pulice and Kylie Madry)

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