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Montevideo, April 24th 2024 - 20:27 UTC

Tag: Central Bank of Mexico

  • Thursday, November 29th 2018 - 07:20 UTC

    Mexico's Lopez Obrador takes office amid business community concerns

    In its quarterly report on Latin America's second-largest economy, Bank of Mexico predicted growth of 1.7 to 2.7% next year, down from 1.8 to 2.8% previously

    Mexico's central bank cut its economic growth forecast for 2019 on Wednesday, citing uncertainty over the policies that president-elect Andres Manuel Lopez Obrador will pursue. In its quarterly report on the state of Latin America's second-largest economy, after Brazil, the Bank of Mexico predicted growth of 1.7 to 2.7% next year, down from 1.8 to 2.8% in its previous forecast.