Brazil central bank’s decision followed the release of new data showing the economy shrank 0.8% in Q3
Category: Economy & Policy
Carstens leaves central bank
Mexican central bank governor will step down next July to join the Bank for International Settlements
Venezuela pushes back against Mercosur suspension
Reacting to a decision by other Mercosur members, the Venezuelan government has said it “will not recognize this invalid action”
Mexico Central Bank Governor Carstens plans to step down
Agustin Carstens will leave Mexico’s central bank in July to take the top job at the Bank of International Settlements (BIS)
Temer clinches austerity vote, but economic rebound remains elusive
Hours after lawmakers approved a plan by Brazil’s president to curb government spending, the country’s GDP data showed the economy contracted for the seventh straight quarter
Colombia holds rates
Central bank keeps benchmark lending rate unchanged for the fourth month in a row
Chile holds rates
Central bank keeps its benchmark lending rate at 3.5% for the 11th month in a row
Jamaica on pace to grow 2%
“Macroeconomic numbers are lining up in the right direction,” FinMin Shaw says at LatinFinance’s Caribbean Investment forum
Banxico hikes rates to combat slumping peso
Mexico’s central bank lifts key interest rate by 50bp to 5.25%, the highest it has been since 2009
Mexico faces economic headwinds
Moody’s drops the country’s GDP growth estimates to 1.9% in 2017 and 2.3% in 2018
