8/28/2015 Bloomberg Business
Mexico central bank Governor Agustin Carstens reiterated that policy makers haven’t ruled out raising interest rates before the U.S. if they sense peso weakness creating conditions that could spur faster inflation.
“We have said that we are not 100 percent locked into the idea that before we move the Fed has to move,” Carstens said in an interview with Bloomberg Radio at the Kansas City Federal Reserve’s annual retreat in Jackson Hole, Wyoming. “We have said that we could move before if we see destabilizing forces in the market or where we see that the exchange rate might be leading to dynamics that eventually could affect inflation. So far we haven’t seen that.”