Tag Archives: Central Banks

Mexican President Andres Manuel Lopez Obrador said on Wednesday he was confident the country’s central bank will act to control inflation as the economy recovers from the COVID-19 pandemic. Mexican annual inflation accelerated slightly faster than expected in April to 6.08%, its highest level since December 2017.

Enormous doses of stimulus spending are offering relief from coronavirus damage but their lifelong legacy of debt could seed future crises by hobbling economic growth and worsening poverty, especially in developing countries. Central banks and governments worldwide have unleashed at least $15 trillion of stimulus via bond-buying and budget spending …