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vendredi, juin 20, 2008

JUAN CARLOS NAVA APPLAUDS BANXICO'S STANCE ON RATES!

Bloomberg.com: Worldwide: "Mexico Central Bank Raises Rates, Ignoring Calderon's Remarks"


I consider of the utmost importance to fight inflationary
expectations.This is pure mass psychology applied to macroeconomic policy. A
fight ofperceptions!. Wages and item prices have to be controlled in a world
with suchcommodities imbalances. Ortíz opted for the safest way to guard
México's hardwon prestige in behaving responsibly.

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