Archive for July 17th, 2010

Central Bank Watch

Mexico and Chile Monetary Policy Reviews

July 17, 2010

The Mexican overnight interbank funding rate, 4.5% since July 2009, was left unchanged as expected on Friday.  The rate was reduced in total by 375 basis points last year.  The Mexican economy is recovering, but on-year first-quarter growth of 4.3% was just half as much as in Brazil and five-eighths as much as in Argentina.  […] More