PDA

View Full Version : Mexico to Cut Lending Rate to 5% as GDP Shrinks, Santander Says - Bloomberg



NewsWhore
04-20-2009, 04:40 PM
<img alt="" height="1" width="1">
Mexico to Cut Lending Rate to 5% as GDP Shrinks, Santander Says (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3Dahus3jGShbf8%26refer%3Dlatin_america&cid=1337746700&ei=Y9_sScq4LZCA7QObxdn_Cw&usg=AFQjCNHHRrvCbjK5faLoyMGtfuc1UgS5_g)
Bloomberg
By Valerie Rota April 20 (Bloomberg) -- Mexico&#39;s central bank may reduce its key lending rate 1 percentage point to 5 percent by June as the economy contracts, said Gabriel Lozano, chief strategist of Banco Santander SA&#39;s asset-management unit in ...


More... (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3Dahus3jGShbf8%26refer%3Dlatin_america&cid=1337746700&ei=Y9_sScq4LZCA7QObxdn_Cw&usg=AFQjCNHHRrvCbjK5faLoyMGtfuc1UgS5_g)