AMLO’s Daily, Unending Speeches Are Fertile Ground for Surprises
- Mexican President preempted central bank’s rate hike decision
- ‘People learning to live with AMLO’s comments like with Trump’
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Mexican President Andres Manuel Lopez Obrador surprised listeners on Thursday when he blurted out the central bank’s decision to raise interest rates hours before the official announcement was due.
While it was the first time in the central bank’s history that the hidebound monetary institution had its decision preempted by the president, it certainly wasn’t the first time his daily press conferences have stirred controversy.