Mexico cuts 25 basis points as expected
Friday, July 17th, 2009
The rate has been cut to 4.50% as expected. The central bank acknowledges it will be the last cut for a while.
Mexico has an interest rate announcement at 10:00
Friday, July 17th, 2009The expectation is for a cut of 25 basis points to 4.5% from 4.75%
