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Miguel Gutierrez

Mexico central bank seen cutting key rate to lowest level since 2016: Reuters poll

11 May 2020

MEXICO CITY Mexico's central bank is expected to again cut its benchmark interest rate on Thursday, responding to the economic toll of the coronavirus and reduced pressure on inflation, a Reuters poll showed.

Mexico could force businesses to close if they violate coronavirus rules

16 Apr 2020

MEXICO CITY Mexico could force the closure of companies in non-essential sectors if they refuse to suspend operations during a state of emergency to curb spread of the coronavirus, a top health official said on Wednesday.

RPT-POLL-Mexico's central bank expected to make fifth consecutive rate cut

11 Feb 2020

* reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/cb-polls?RIC=MXCBIR%3DECI poll data

POLL-Mexico's central bank expected to make fifth consecutive rate cut

10 Feb 2020

MEXICO CITY, Feb 10 Mexico's central bank is expected to lower its key interest rate again on Thursday, according to a Reuters poll of analysts, as the economy appears to be stagnating.

UPDATE 1-Mexico's Congress approves twice-delayed 2020 budget

22 Nov 2019

MEXICO CITY, Nov 22 Mexico's lower house of Congress approved the 2020 budget in the early hours of Friday, signing off on the spending part of the package after voting was delayed twice in as many weeks.

Mexican president rebukes U.S. official's criticism of narco strategy

25 Oct 2019

MEXICO CITY Mexico's president on Thursday accused a senior U.S. diplomat of lacking respect for Mexican sovereignty after he questioned the Mexican government's strategy for quelling drug cartel violence.

UPDATE 4-Mexico gives struggling Pemex $5 bln to pay debt, refinancing planned

11 Sep 2019

* Pemex also plans to refinance short-term debt (Adds S&P statement, analyst comment)

Mexico gives struggling Pemex $5 bln to pay debt, refinancing planned

11 Sep 2019

MEXICO CITY Ratings agencies gave a cautiously positive assessment on Wednesday of Mexico's $5 billion cash injection into state oil company Pemex, but it did not dispel the risk of another downgrade of its bonds to speculative grade, or junk, in the next few months.

Mexico president calls 'El Chapo' sentence inhumane, vows better society

18 Jul 2019

MEXICO CITY Mexican President Andres Manuel Lopez Obrador on Thursday called the jail conditions of drug lord Joaquin "El Chapo" Guzman inhumane, while vowing to bring down violence stemming from drug violence by create a society less obsessed with material wealth.

Mexico's central bank expected to hold interest rate at 8.25%: Reuters poll

25 Jun 2019

MEXICO CITY Mexico's central bank is expected to hold its benchmark interest rate steady at 8.25% on Thursday, according to a Reuters poll, after annual inflation slowed this month more than expected, despite signs of weakness in the economy.

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