RPT-Mexico price shocks could slow downward path of inflation-minutes

By Kitco News / February 22, 2018 / www.kitco.com / Article Link

(Repeats to attach to corrected alerts, no change to content)

MEXICO CITY, Feb 22 (Reuters) - Most of Mexico's central bank board are concerned that recent shocks to consumer prices could slow a projected drop in annual inflation back to policymakers' 3 percent target, minutes from the last decision showed on Thursday.

Banco de Mexico's governing board unanimously voted to hike the key rate by 25 basis points on Feb 8 to 7.50 percent, its highest since February 2009.


(Reporting by Michael O'Boyle and Gabriel Stargardter)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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