An exchange rate below 10.60 gives the central bank margin to cut interest rates by 50 basis points.
More Quotes from Manuel Torres:
These guys, their kids will hunt with them, and their tradition will be made.Manuel Torres
Core inflation is very well controlled and economic growth is weak. The market is starting to price in the possibility that they cut half a point again.
Manuel Torres
Readers Who Like This Quotation Also Like:
A well begun is half ended.A. C. Benson
Sometimes during a ballet I'll look around and see all these rows of intent faces, concentrating on this beautiful thing up on the stage.
Robert Caro
I just try to do my best and make the best judgments I can.
Janet Reno