July 11, 2017 / 3:19 PM / 7 months ago

Mexico's finance minister says inflation to come down

MEXICO CITY (Reuters) - Mexico’s Finance Minister Jose Antonio Meade told reporters on Tuesday he continues to expect inflation to come down.

Last month, Mexico’s central bank raised its key interest rate and suggested it may have raised borrowing costs enough to contain a spike in inflation. Meade made the comments at an event of finance officials.

Reporting by Anthony Esposito

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