Business Services Industry
High rates will keep on.
Internet Securities, March, 2005
MEXICO CITY, Mar 28, 2005 (Corp Mex - Business Brief/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- Source: Mexico Analytica - General
The Federal Reserve of the United States made the decision of rising rates to 2.75%, which represents an increment of 25 points. In our country, the Bank of Mexico rose slightly the short and, therefore, interest rates also presented an increase. Another factor which contributed to this was the inflation for North American consumers, which was above all expectations.Values markets have had some adjustments during the last days, so the prices now are attractive and in a short term there may be some relevant increments.
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