Mexico's Carstens says interest rate moves not necessary right now
MEXICO CITY, Jan 29 (Reuters) - Interest rate moves are not needed right now, Mexican Central Bank Governor Agustin Carstens said on Thursday evening, hours after policymakers announced they would hold borrowing costs at a record low of 3 percent.
"It is really not necessary to adjust interest rates at the moment," Carstens said, speaking at an event in Los Cabos, Mexico, according to a transcript released by lawmakers.
(Reporting by Alexandra Alper)
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