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UPDATE 3-Mexico inflation picks up but bets on rate cuts remain – Reuters

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UPDATE 3-Mexico inflation picks up but bets on rate cuts remainReutersMEXICO CITY, Feb 22 (Reuters) – Mexico’s inflation accelerated more than expected in early February, but the blip higher is unlikely to worry the central bank as it argues a steady downtrend in consumer prices may justify lower borrowing costs. Mexico Peso Set for Weekly Decline as Data Signals Weaker GrowthBloombergQuickening Mexico Inflation Reduces Room for March Rate CutBusinessweekMexico’s January Unemployment 5. 4% Versus 4. 9% Year AgoNASDAQall 5 news articles »

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