We think that with the risk of surprisingly tight U.S. monetary policy diminishing as the U.S. economy decelerates, and with the peso strong, the scales are tipped to a 50bp east at the January meeting.
More Quotes from Michael Gavin:
Part of the significance of this vulnerability announcement is that your machine can be exploited without you needing to do anything at all. You don't even have to open an e-mail or attachment, and this happens with the default configuration of the product.Michael Gavin
The Central Bank proved that it will remain vigilant if it suspects that the 4.5 percent inflation target for 2002 may be threatened.
Michael Gavin
It is too amorphous--the picture is cloudy. It looks like it might develop into a very interesting picture, but what are the odds (of that happening) We don't know.
Michael Gavin
This proposal tries to respect the need for the community to redevelop properties and make them viable rather than run the risk of them going dark. We thought we'd try to do something that's beneficial to everyone.
Michael Gavin
Going forward, we expect the economy to show positive year-on-year and seasonally adjusted rates in the quarters ahead, but the 1.8 percent Central Bank estimate appears to have more downside than upside risk at the moment.
Michael Gavin
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