Mexico's interest rates set to rise further

Mexico's central bank Deputy Governor Jesus Marcos Yacaman has said the country will continue to raise interest rates following seven increases this year, in order to bring down inflation.

``The bank very probably will continue to tighten monetary policy until we can forecast there are elements pointing to a reduction in inflation,'' Marcos, 61, said in an interview in Mexico City on Nov 2 according to Bloomberg.

The Bank of Mexico expects inflation in Latin America's biggest economy to begin f

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