Mexico cenbank chief: inflation expectations stable

ACAPULCO, Mexico, April 22 (Reuters) - Medium- and long-term inflation expectations remain stable in Mexico, making it unnecessary for the central bank to hike interest rates to control price rises for the moment, the head of the bank said on Thursday.

Central Bank Gov. Agustin Carstens reiterated his belief that one-off effects from new taxes and higher fuel prices and utility tariffs were not feeding into general expectations of price rises yet. (Reporting by Noel Randewich and Tomas Sarmiento; Writing by Robert Campbell; editing by Carol Bishopric)