Archive for March 18th, 2012

Central Bank Watch

Bank of Mexico Interest Rate Policy Stays Put

March 18, 2012

The Bank of Mexico retained a 4.5% benchmark interest rate as expected.  A statement released March 16th concluded, “the Governing Board considers that the current stance of monetary policy is conducive to the permanent goal of inflation of 3 per cent, so it has decided to maintain unchanged the objective for the interbank interest rate […] More