While there is speculation that the US Federal Reserve may raise interest rates sometime next year there is already growing pressure with the U.S. major trading partner Mexico. On Nov 11, Mexico raised the bank rate to 5.0% and the country has been suffering from inflation at a higher rate than the U.S. has this past year.
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An astute investor would check to see which companies in their stock portfolio is dependent on goods and services flowing to and from the US/Mexico trade relationship.
[…] any event, inflation is going up in Mexico, South Korea, Brazil and the United States and that doesn’t bode well for any […]
[…] to TradingEconomics.com, pretty much everything! We’ve covered inflation in Mexico, South Korea, Brazil, Japan and the United States and Germany just adds fuel to the global […]