Mexico Central Bank tells Reuters interest rates will remain on hold

The head of Mexicos central bank told Reuters in an exclusive interview that interest rates were still on hold for a relatively long period of time and that he was not alarmed by recent price increases. Traders the next day mentioned the interview as a factor supporting bond prices. Credit Suisse mentioned the story and the comments from Agustin Carstens, only recently installed at the Banco de Mexico, in a research note the next day. The story also got play in Mexican newspapers like Milenio and on the Guardians website.