Mexico’s peso will rally through June on speculation the Federal Reserve will keep the benchmark U.S. lending rate at 2 percent this year, helping maintain the yield advantage of Mexican assets, Citigroup Inc. said.
The peso will rise to 10.3 against the dollar by June, Joel Virgen, an economist at Citigroup’s Banamex unit in Mexico City, [...]
Mexico’s peso-denominated bonds were little changed, with the yield on the benchmark security close to a four-month high, on speculation quickening inflation will prompt central bankers to raise lending rates this year.
Yields on benchmark bonds have climbed 0.10 percentage point since Banco de Mexico raised its inflation forecast for this year on April 30, citing [...]
Mexico’s consumer prices rose more than twice as fast as economists expected in the first half of March, reducing speculation the central bank may cut lending rates this year.
Prices climbed 0.48 percent, the central bank said today. Economists expected 0.21 percent in the first two weeks of March, the median estimate of 14 analysts surveyed [...]
MEXICO CITY, Jan 31 (Reuters) - Mexican consumer lending by
banks, expected to be a key motor of the economy this year,
grew 19 percent in December, a slower pace than in previous
months, according to a report on Thursday.
In November, bank consumer credit grew 20 percent.
Overall lending by Mexico’s banks to companies and people
jumped [...]
Associated Press Writers
MEXICO CITY In her bustling corner real estate brokerage, Ana Laura Pulido is doing her best business in years, enjoying a sort of Mexican immunity from the U.S. housing crash.
“It’s a time of hope,” said Pulido, who has sold hundreds of homes to middle-income families since 1992. “The buyer today is more [...]
Monty Don Monty Don Monty Monty Monty Don Don Don. What a mellifluous
moniker ndash; and it comes with one of those clever internal halfrhyme things I
canrsquo;t remember the name for. But I can always remember Monty Donrsquo;s name. You
can hum it under your breath to the tune of One Man Went to Mow. Irsquo;m told
there [...]
Associated Press Writers
MEXICO CITY In her bustling corner real estate brokerage, Ana Laura Pulido is doing her best business in years, enjoying a sort of Mexican immunity from the U.S. housing crash.
“It’s a time of hope,” said Pulido, who has sold hundreds of homes to middle-income families since 1992. “The buyer today is more [...]
Associated Press Writers
MEXICO CITY In her bustling corner real estate brokerage, Ana Laura Pulido is doing her best business in years, enjoying a sort of Mexican immunity from the U.S. housing crash.
“It’s a time of hope,” said Pulido, who has sold hundreds of homes to middle-income families since 1992. “The buyer today is more [...]
Associated Press Writers
MEXICO CITY In her bustling corner real estate brokerage, Ana Laura Pulido is doing her best business in years, enjoying a sort of Mexican immunity from the U.S. housing crash.
“It’s a time of hope,” said Pulido, who has sold hundreds of homes to middle-income families since 1992. “The buyer today is more [...]
Associated Press Writers
MEXICO CITY In her bustling corner real estate brokerage, Ana Laura Pulido is doing her best business in years, enjoying a sort of Mexican immunity from the U.S. housing crash.
“It’s a time of hope,” said Pulido, who has sold hundreds of homes to middle-income families since 1992. “The buyer today is more [...]
