End of preview - This article contains approximately 1718 words.
Subscribers: Log in now to read the full article
Not a Subscriber?
Choose from one of the following options
Back
Economy & Business - August 2008 (ISSN 1741-7430)
Mexico raises interest rates again
On 15 August the Banco de México raised interest
rates by 0.25 of a percentage point to 8.25%. This was the third consecutive
monthly interest rate increase. The policy underlines the central bank's fierce
independence from the government: at the beginning of June President Felipe
Calderón Hinojosa appealed to the bank not raise rates for fear of quashing
domestic economic activity.
- The Latin American model
- Mexico raises interest rates again
- Brazil back on track
- ARGENTINA: Financial problems loom
- CHILE: Economy faring a bit better
- PARAGUAY: Lugo sets out his priorities
- URUGUAY: Bothered by inflation
- BOLIVIA: Exports hit by Boliviano strength
- COLOMBIA: Current account deficit to fall
- ECUADOR: Dollarisation to stay
- PERU: Central bank raises rates again
- VENEZUELA: Chávez buys no. 3 bank
- COSTA RICA: Central bank raises rates
- CUBA: Government claims improvement in current account
- DOMINICAN REPUBLIC: Inflation surges in July
- PANAMA: Fiscal deficit obliterated
- EL SALVADOR: Exports up 19% in first half of 2008
- GUATEMALA: Export revenues rise
- HONDURAS: IMF calls in
- NICARAGUA: Inflation rises again
- OIL: More discoveries in Brazil
- COPPER: What the slide in prices mean
- BANANAS: Costa Rica's banana exports fall
- SOYA: Brazil soya close to a peak
- BUSINESS: Ecuador aims to create a new mobile telecoms company
- DEBT: Argentina's bond battle