Mexico cen bank sees inflation expectations ease

After a tightening of monetary policy Mexico's central bank has said inflation expectations have eased. The easing was sought before various wage bargaining negotiations began.

Source: Reuters

Mexico's central bank said on Thursday that inflationary expectations have eased in recent weeks following moves to tighten monetary policy.

The central bank has set an ambitious inflation target of 3 percent for this year and has tightened monetary policy three times since early December in a bid to cut i

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