Observing stock papers
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Mexican central bank leaves rates unchanged, as expected

Rates remain at 3.75%

  • Central bank says slack in labor market persists, though gradually diminishing
  • Sees inflation around 3% in 2016
  • Balance of risks to inflation deteriorated in short-term, unchanged in medium term
  • Will closely follow exchange rate3

USD/MXN is a fraction higher on the headlines but way up over the past 14 months.

I believe that Mexico is one of the world's best long-term investments and that Acupulco real estate will one-day boom. Drug wars don't last forever.

I believe that Mexico is one of the world's best long-term investments and that Acupulco real estate will one-day boom. Drug wars don't last forever.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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