“Macroeconomic numbers are lining up in the right direction,” FinMin Shaw says at LatinFinance’s Caribbean Investment forum
Category: Economy & Policy
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
Brazil focuses on gradual easing of interest rates
The South American country could also sell more foreign exchange swap contracts to “comfort” the market, head of central bank says
Possible US rate hike will hit Mexico, Central America
Mexico’s reliance on US foreign direct investment leaves it open to slower economic growth if the Fed hikes interest rates
Peru speeds up infra investments
Finance Minister Alfredo Thorne says the government plans to unveil a new slate of PPPs and public works projects next week
Trump concerns keeps pressure on Mexican, Brazilian currencies
LatAm currencies battered as investors raise concerns over a potential Fed rate hike
Parting Shot: Pushing forward
Despite losing the referendum on its peace agreement, Colombia’s government maintains the political capital to undertake necessary reforms, argues Mauricio Cárdenas
Trump worries keep the pressure on Mexico’s peso, Brazil’s real
The two currencies weaken over uncertainties surrounding the US president-elect’s economic plan and investor beliefs that increased spending under Trump will lead to aggressive rate hikes by the Fed
Mexico looks to shore up peso
Banxico says it will hold a monetary policy meeting next week as analysts expect an imminent rate hike
