Mexico's Carstens: Better to act preemptively on inflation risk
MEXICO CITY Oct 3 (Reuters) - It is better for Mexico's Central Bank to act in advance on monetary policy decisions to head off any pressures on inflation, Governor Agustin Carstens told local radio on Monday, days after a 50 basis point rate hike.
He added he would have expected a bigger increase in non-oil exports due to the depreciation of the local peso currency. (Reporting by Mexico Newsroom)
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