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AMLO Says The Less Interest Rates Rise The Better

MEXICO
  • A couple of interesting comments from president AMLO on interest rates:
    • “The less interest rates rise, the better, so that there is investment and economic growth” (BBG)
    • The government needs to do what it can from its side in order to create conditions to prevent interest rate hikes (BBG)
  • Slightly more significant given the majority of AMLO appointees on the Banxico board, especially considering his premature announcement of the board's decision before the scheduled March announcement.

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