The market expected to know the data of the American inflation to get an idea on the Fed’s next steps, which will release a new monetary policy announcement next week.
The local currency closed at 19,9089 per dollar, with a loss of 0.22% compared to 19.8650 of the reference price on Monday. The weight momentarily traded in positive territory after the release of the figures.
Meanwhile, the local benchmark S & P / BMV IPC index rose 0.62% to 51,815.17 points with a volume of 166.2 million securities traded.
The US consumer price index rose 0.3% month-on-month in August, below market expectations, the Labor Department said. The July data had shown a variation of 0.5%. A Reuters poll of analysts had expected the figure to rise 0.4% in August.
“Traders believe that with less pressure on prices, the Fed would be in no hurry to announce a tightening of its monetary policy and even a possible announcement about tapering (reduction of its monthly bond purchase program) could be delayed until the November meeting. next, ”said local firm CI Banco in a report.