Tuesday, May 7, 2013

Reuters: Regulatory News: Mexico price shocks transitory, inflation to slow-Carstens

Reuters: Regulatory News
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Mexico price shocks transitory, inflation to slow-Carstens
May 7th 2013, 15:48

MEXICO CITY | Tue May 7, 2013 11:48am EDT

MEXICO CITY May 7 (Reuters) - Recent Mexican price shocks are transitory, expectations are well anchored and inflation should fall below 4 percent relatively quickly, Mexico's Central Bank Governor Agustin Carstens said on Tuesday.

Carstens said Mexican companies should take advantage of investor appetite to issue more debt. And structural reforms will help economies retain capital when the interest rates of avanced economies rise, he added.

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