Uruguay fearing inflation drastically rises basic rate 75 points to 8.75%

Friday, December 30th 2011 - 21:22 UTC

Full article 2 comments

Uruguay’s central bank unexpectedly increased on Friday its benchmark interest rate by 75 points from 8% to 8.75%o as policy makers admit inflation, and mid term expectations remain notoriously over the target range and price stability is the main concern in “the current socio-economic context”. Read full article

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briton
All decisions have consequences,
Just as yours will.
Dec 30th, 2011 - 09:35 pm - Link - Report abuse 0
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Hands Off
#1 eh?
Dec 31st, 2011 - 12:51 pm - Link - Report abuse 0
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