(Reuters) - The benchmark IPC stock index closed 1.83 percent
lower at 31,681.76 points, snapping a five-session rally. The
peso gave up 0.58 percent in local trading to
reach 10.868 per dollar.
The ECB raised interest rates by a quarter percentage point
to 4 percent on Wednesday. In the United States, productivity
revisions showed a bigger-than-expected spike in unit labor
costs, which are often seen as a precursor of inflation and
could discourage central bankers from cutting rates.
Read more at Reuters.com Bonds News
lower at 31,681.76 points, snapping a five-session rally. The
peso
reach 10.868 per dollar.
The ECB raised interest rates by a quarter percentage point
to 4 percent on Wednesday. In the United States, productivity
revisions showed a bigger-than-expected spike in unit labor
costs, which are often seen as a precursor of inflation and
could discourage central bankers from cutting rates.
Read more at Reuters.com Bonds News
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