Mexican Economy Minister Graciela Marquez Colin said on Thursday that central ba...
FILE PHOTO: Mexico's Economy minister Graciela Marquez looks on during a news conference after attending a meeting under the auspices of the Pacific Alliance trade bloc at the foreign ministry building in Mexico City, Mexico May 10, 2019. REUTERS/Henry Romero
NEW YORK - Mexican Economy Minister Graciela Marquez Colin said on Thursday that central bank rate cuts will be critical for the reactivation of economic growth. Speaking to a business conference in New York just as Mexico’s central bank announced a 25-basis point cut in its key rate, Marquez Colin said that U.S. Federal Reserve policy decisions are giving Mexico additional room to cut rates.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Pelosi says House is 'moving ahead' on trade deal with Mexico, CanadaThe U.S. House of Representatives is proceeding with efforts regarding the Trump...
Read more »
Girl Ultra Is Making 'the R&B Album Mexico Has Never Had'At age 17, Mariana de Miguel told her parents she was going to pursue music full-time. She started a band fresh out of high school, then found her footing in Mexico’s R&B scene, embryonic at the time. “My main goal with this genre and what I’m doing is to open up the path for other artists to really create the unseen,” she says, sitting atop a yellow satin cloth at Maria Hernandez Park in Brooklyn. She’s processing the past few years out loud, the night before her NYC tour stop at the Knitting Factory.
Read more »
Fed's Kashkari says interest rates shouldn't 'hold the economy back,' and calls for more cuts'I see no evidence that the U.S. economy is running at capacity or beyond capacity,' Kashkari said Thursday.
Read more »
James Bullard says the Fed still has a 'little more to go' with rate cutsSt. Louis Fed President James Bullard told CNBC on Wednesday that he thinks the central bank should continue cutting interest rates.
Read more »
US economy grew at modest 2% rate in second quarterWASHINGTON (AP) — The U.S. economy grew at a modest 2% annual rate in the second quarter, a pace sharply lower than the 3%-plus growth rates seen over the past year. Many analysts believe growth...
Read more »