Mexico holds rates at 7.5%

The Bank of Mexico's rate-setting board voted on Friday to keep rates at 7.5%.

The central bank sounded a warning note on the impact of a slowdown in the United States, Mexico's biggest trade partner, saying that lower growth would impact the dynamism of other economies.

The Mexican economy performed well in the third quarter, expanding at a lively pace of 3.7%, and estimates predicted only a slight reduction in the final three months. Inflationary pressures persisted, derived from higher food