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Mexico’s president sees central bank controlling inflation – Metro US
Economy

Mexico’s president sees central bank controlling inflation

By Metro US Posted on
FILE PHOTO: Mexico’s President Andres Manuel Lopez Obrador addresses to
FILE PHOTO: Mexico’s President Andres Manuel Lopez Obrador addresses to the nation on his second anniversary as the President of Mexico, at the National Palace in Mexico City

MEXICO CITY (Reuters) – 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.

(Reporting by Dave Graham; Writing by Drazen Jorgic)

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