Guillermo Ortiz
Guillermo Ortiz
continue data expect growth industrial production quarter revise surely type vigorous
We expect vigorous growth for the first quarter of the year. If we continue having this type of industrial production data we will surely have to revise growth (estimates) upwards.
appears domestic gross less moderate percent result
The result appears to be a moderate deficit, less than 1 percent of gross domestic product.
likely looks
It looks more likely that we will be in the upper end of the range.
competition dominant implies lowering position promoting
This dominant position implies difficulties for promoting more competition and, as a result, for lowering prices.
box case floor hidden interest keeping rate short
We now have two (instruments), an interest rate floor and the short. We're keeping the short hidden away in a little box for now, in case we need it.