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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: GraceZ who wrote (17082)3/21/2002 11:46:58 AM
From: elmatador  Read Replies (1) of 74559
 
Brazil cuts interest rates to 18.5%
Brazil announced a modest cut in interest rates, the second this year, in an attempt to boost economic activity while keeping a close eye on inflation. The central bank lowered its overnight lending rate by 25 basis points to 18.5 per cent.

Now you know why I don't have a mortgage. I work my butt off abroad and bought it cash.

news.ft.com
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