AUTOREFRESH 
Mexico central bank leaves benchmark interest rate unchanged at 4.5%
By Gerry Davies || August 20, 2010 at 14:04 GMT
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- Bank says manufacturing output could moderate due to US outlook
- Private domestic demand starting to show favourable trend
- Inflation likely to rise toward end of year
- Inflation in Q3 likely to remain beneath central bank forecast
Takes me back to when I used to work for a subscription service and started coverage of the mexican peso. Went down to Mexico city to meet the traders at all the major banks. Loved Mexico City, real cool place. I remember one day passing a big crowd of people and out of their midst walked a 6 foot giant mouse who proceeded to jabber away at me to the great amusement of all around. My translator said he was talking about my red hair. He didn’t get anymore specific than that. Weird.
Elsewhere, stats agency says:
- Mexican Q2 GDP +7.6% vs year ago.
- Q2 GDP +3.2% vs Q1
- June economic activity -0.4% vs May
Sure it wasn’t just the peyote talking, Gerry?
Thanks Zeke, Ive learned something today. Now I know what peyote is
[...] Mexico central bank leaves benchmark interest rate unchanged at 4.5% [...]