Tuesday, June 5, 2007

Mexican stocks fall on U.S. rate outlook; peso off

(Reuters) - Fed Chairman Ben Bernanke said the U.S. economy is set to
grow at a sluggish pace in coming months but he warned that
there are risks that elevated rates of inflation excluding food
and energy may not recede.




That is a letdown for investors hoping for a U.S. rate cut,
which could make Mexican securities more attractive.


Read more at Reuters.com Bonds News

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