Mexico
Bank of Mexico’s board disagreed on last rate cut – minutes
One board member opposed recent 25bp rate cut due to high inflation and uncertain fiscal outlook
BIS paper studies spread of global currency trading
Authors examine “patterns of diffusion” to understand rise of the renminbi
Latin America’s escape from hyperinflation
Adoption of inflation targeting, flexible exchange rates and prudent fiscal policies has ended decades of runaway inflation
Mexico cuts rates for first time in five years
Economy has had weakest first-half growth in six years, Dallas Fed reports
Mexican president pressures central bank to focus on growth
Bank of Mexico should cut interest rates “to kickstart the economy”, says Andrés Manuel López Obrador
People: Tombini to head BIS Americas office
Former Brazilian governor to implement new banking strategy; plus appointments in Europe
Mexican peso falls on finance minister resignation
Crisis complicates inflation outlook and fuels fear of political interference in independent institutions
Bank of Mexico holds rates amid growth fears
“High degree” of uncertainty over inflation as trade tensions with US persist
Book notes: Why not default?, by Jerome Roos
Thought-provoking book that will repay investment of any reader with an interest in sovereign debt
Video Q&A: Richard Gilmartin, Wellington Management
Central Banking met with Richard Gilmartin, product manager, fixed income at Wellington Management, following his presentation at the National Asset Liability Management Conference in Mexico City about the opportunities for reserve managers to consider…
Mexican currency under pressure over ratings downgrades
Fate of the sovereign is increasingly linked to struggling oil company Pemex
Climate change – Where can central banks contribute?
Climate change is becoming increasingly important to central banks thanks to its implications for financial stability. In a forum sponsored by Amundi, Central Banking convened a panel of experts to discuss the latest innovations, regulations and…
Can central bankers turn finance green?
The Network for Greening the Financial System aims to bring about fundamental change. The central bankers who created it made a strong start but face serious challenges.
Central banks must break with short-term political cycles – Díaz de León
Mexican governor stresses independence and long-term objectives can help tackle populism
The IFF China Report 2019
Insight and perspectives from the world's leaders, premier policy-makers and financiers
The IFF China Report 2019: Redesigning the international trading and monetary system
Reform of the financial system that brought about the 2007–08 financial crisis has not gone far enough and advanced and emerging market economies must find a more co-operative way forward to ensure globalisation can continue.
Informal sector changes inflation dynamics – BIS paper
Informality dampens impact of some shocks but also impairs policy transmission, authors find
Mexico keeps rates at 10-year high despite global slowdown
Above-target inflation is the main focus for the Bank of Mexico
Non-financial firms finance the economy – BIS paper
Authors find non-financial firms act as important intermediators and take on forex risks
Bank of Mexico stresses risks stemming from state-owned oil company
Pemex provides 20% of Mexico’s fiscal revenues, but is grappling with high debt and falling output
Bank of Mexico and Amazon to co-operate on mobile payments system
Central bank aims to tackle low banking levels through digital payments
Bank of Mexico gets lost in translation
Central bank removes sentence from English translation opening the possibility of a future rate cut
People: Mexico appoints two new deputy governors
Federal Reserve appoints new research director and IADB makes Chilean official chief economist
Central Banking Awards 2019: first winners announced
First group of winners includes reserve manager and central bank initiative of the year