Latin America Economics Update Interest rate hikes to remain gradual in Chile The Central Bank of Chile (CBC) hiked interest rates by 25bps to 3.0% last night. The strength of the peso means that rate hikes are likely to remain gradual over the coming months. Accordingly... 17th November 2010 · 1 min read
Latin America Chart Pack Not in a bubble... yet The prospect of further policy easing in the developed world is stoking fears about asset price bubbles in Latin America. High commodity prices, good growth prospects and comparatively high returns... 28th October 2010 · 1 min read
Latin America Economics Update Learning to live with higher capital inflows Policymakers across the region are facing a tricky balancing act. On the one hand, capital inflows are likely to remain healthy over the coming months. Additional liquidity generated by further policy... 18th October 2010 · 1 min read
Latin America Economics Update Chile responds to soaring peso Last night’s decision by the Central Bank of Chile (BCC) to slow the pace of monetary tightening was driven entirely by currency considerations. Fiscal policy will have to play a key role in managing... 15th October 2010 · 1 min read
Latin America Chart Pack Capital controls back on the agenda Governments in Latin America are becoming increasingly concerned about rapid currency appreciation, and for good reason. For a start, most currencies (with the notable exception of the Mexican peso)... 30th September 2010 · 1 min read
Latin America Economics Update Treading carefully After a rapid rebound from last year’s recession, it seems that growth in Latin America is now starting to ease to a more sustainable pace. Monetary tightening has further to run in Chile and Peru... 20th September 2010 · 1 min read
Latin America Economics Update Chile: More interest rate hikes to come in the near-term The Central Bank of Chile (CBC) last night hiked interest rates by 50bps to 2.5%, as expected. In the near-term, the strong pace of growth means that policymakers will probably continue to raise rates... 17th September 2010 · 1 min read
Latin America Economic Outlook Treading the middle ground The outlook for Latin America remains good and, while the developed world will struggle to grow by 2% next year, we expect the region as a whole to grow by 4%. Brazil, Chile, Peru and Colombia will... 10th September 2010 · 1 min read
Latin America Chart Pack Running into global headwinds Growth in Brazil has shifted to a more sustainable pace in recent months, but otherwise the region’s recovery remains on track. For now, at least, the major threat to growth stems from global rather... 27th August 2010 · 1 min read
Latin America Economics Update Markets still overestimating the pace of tightening 23rd August 2010 · 1 min read
Latin America Chart Pack On course for a weaker 2011 This month’s data have brought fresh signs that the region’s recovery, which has so far been pretty impressive, is starting to lose some of its steam. Brazilian industrial production stagnated in... 27th July 2010 · 1 min read
Latin America Economics Update Softer tone of recent data won't stop rate hikes Although the incoming data from Latin America have shown tentative signs that the recovery in the region is losing some of its steam, this is in line with our expectations and does not alter the... 19th July 2010 · 1 min read
Latin America Chart Pack Data starting to soften but recovery still on track The latest data from the region have been somewhat softer than expected. Industrial production slowed in both Brazil and Mexico last month, while forward looking indicators weakened too. Data on the... 29th June 2010 · 1 min read
Latin America Economics Update Two-speed tightening cycle underway With the recovery well underway in most parts of Latin America the monetary tightening cycle has begun in some parts of the region. Policymakers in Brazil are in the midst of an aggressive tightening... 14th June 2010 · 1 min read
Latin America Chart Pack Markets hammered by flight to safety Financial markets across the region have been hammered by a flight to safety over the past month as concerns about fiscal sustainability in the euro-zone have reached fever pitch. Equities, currencies... 28th May 2010 · 1 min read
Latin America Economics Update Brazil to hike again, despite market turmoil A clear divergence in the outlook for monetary policy across the region has opened up over the past month. Policymakers in Brazil have signalled that they will act aggressively to calm fears about... 25th May 2010 · 1 min read