Mexico economy minister says rate cuts critical for reactivating growth

Mexico economy minister says rate cuts critical for reactivating growth
  • Clock-gray 01:53
  • calendar-gray 27 September 2019

Mexican Economy Minister Graciela Marquez Colin said on Thursday that central bank rate cuts will be critical for the reactivation of economic growth,APA reports citing Reuters.

Speaking to a business conference in New York just as Mexico’s central bank announced a 25-basis point cut in its key rate, Marquez Colin said that U.S. Federal Reserve policy decisions are giving Mexico additional room to cut rates.

Faiq Mahmudov

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