After two or three months of inflation numbers coming in above expectations you start to revise inflation expectations upward, which puts pressure on domestic interest rates.

The main enemy Morales faces is the inflation of expectations. People have a lot of hopes, a lot of expectations. But some are expecting miracles in the short term.

The market is moderating its inflation expectations. It's a good time to get into U.S. Treasuries.

We always keep a positive outlook because of the local currency despite the expectations of rising inflation.

I'm concerned that we will get higher inflation expectations, but that in actuality, inflation will remain low.

The strong rise in the prices of energy and industrial metals is hurting inflation expectations and suggests that key rates will continue to rise for the time being. This will presumably offset the positive effects for the equity market of so-far robust earnings and growth estimates.