(Reuters) - The bank said it sees inflation, which has been stubbornly
trending higher, closing in on its long-term 3 percent target
by the end of 2008 even though food prices are still high.
Mexico's 12-month inflation nudged into the central bank's
danger zone in the first half of July, increasing expectations
of an interest rate hike some time this year, although most
analyst did not expect an increase on Friday.
Read more at Reuters.com Bonds News
trending higher, closing in on its long-term 3 percent target
by the end of 2008 even though food prices are still high.
Mexico's 12-month inflation nudged into the central bank's
danger zone in the first half of July, increasing expectations
of an interest rate hike some time this year, although most
analyst did not expect an increase on Friday.
Read more at Reuters.com Bonds News
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