The Mexican president, Andrés Manuel López Obrador, has called on the Bank of Mexico to focus its policies on boosting economic growth.
In an interview with Bloomberg on July 29, López Obrador stressed price stability shouldn’t be the sole objective of the central bank. “I would like the Bank of Mexico to not only focus on controlling inflation, but also think about growth,” he said. “It’s important to lower rates to kickstart the economy.”
The Bank of Mexico is holding the policy rate at a