Worth roughly $88bn, the FCL cushions the North American country’s foreign reserves
Tag: macroeconomics
Chile holds rates again
Central bank keeps benchmark interest at 2.5%, warns it will pay closer attention to delayed convergence of inflation
Brazil talks stable inflation
Central bank governor targets levels below 5% at least through 2020
Brazil’s Goldfajn talks stable inflation through 2020
Central bank governor says the country may have reached the bottom for inflation, now targets levels at least below 5% over the next three years
Colombia leaves rates unchanged
Central bank bucks the trend, holds benchmark level at 5.25%
Mexico holds rates
Banxico keeps benchmark interest level at 7% for the second month in a row
Mexico announces new CPI
Revised inflation indicator adds more volatility, but has little impact on average figures
Peru holds rates
Central bank leaves its benchmark interest level unchanged, but signals that further easing is on the way
Mexico holds rates
Central bank’s monetary policy committee votes unanimously to leave the benchmark unchanged at 7%
Colombia slashes interest rates
Central bank reduces the benchmark by 25bp to 5.5% in a bid to stimulate economic growth