Latin America Economics Update Room for manoeuvre The deepening crisis in the euro-zone, coupled with fears of a slowdown in China, has meant that concerns about overheating in Latin America’s major economies have quickly given way to worries over... 21st November 2011 · 1 min read
Latin America Economic Outlook Weaker growth to be met with policy stimulus A combination of weak growth and deepening debt crises in the G7 and softer demand from China means that the economies of Latin America are likely to slow by more than most expect over the next few... 18th November 2011 · 1 min read
Latin America Economics Update Chile, Peru play a waiting game on rates The Central Bank of Chile (CBC) kept its policy rate at 5.25% for a fifth successive month last night. While policymakers in Chile and Peru will continue to exercise caution by not rushing into easing... 16th November 2011 · 1 min read
Latin America Economics Update Peru: modest rate cuts likely in 2012 Policy makers in Peru left interest rates unchanged at 4.25% last night. In the very near-term strong domestic conditions, rising inflation and a planned fiscal stimulus will deter rate cuts, despite... 11th November 2011 · 1 min read
Latin America Chart Pack Growth slows in the “big two” Growth has slowed sharply in Brazil and Mexico – Latin America’s two largest economies – over the past quarter. In Brazil, there are tentative signs that a two-year boom in domestic demand has started... 29th October 2011 · 1 min read
Latin America Economics Update More to follow Brazil’s lead Brazil’s decision to continue cutting interest rates despite the fact that inflation is running at a five-year high remains as controversial as ever. Nonetheless, on balance we think that the central... 22nd October 2011 · 1 min read
Global Economics Focus Sovereign Debt: are the emerging markets immune? Emerging markets are not immune from the deepening debt crisis in the developed world, but most are well-placed to deal with the fallout. China faces a difficult structural transition of its own but... 21st October 2011 · 1 min read
Latin America Chart Pack Markets take another pounding The Central Bank of Uruguay (BCU) left its benchmark interest rate unchanged at 8.0% last night as the board weighed downside risks to growth against stubbornly high inflation. We believe that the BCU... 30th September 2011 · 1 min read
Latin America Economics Update Rate cuts back on the agenda for 2012 The rapid deterioration in the growth outlook for the developed world, and the deepening crisis in Europe in particular, should in time vindicate last month’s surprise (and controversial) decision by... 29th September 2011 · 1 min read
Latin America Economic Outlook Heading into choppy waters The economies of Latin America are likely to slow by more than most expect over the next year. We do not anticipate a prolonged downturn, but the marked deterioration in the external environment means... 21st September 2011 · 1 min read
Latin America Economics Update Peru: in no rush to follow Brazil’s lead on rates Peru’s central bank (BCRP) kept its benchmark lending rate at 4.25% last night. While it appears to have dropped its tightening bias, we believe that it is premature to forecast any policy easing over... 10th September 2011 · 1 min read
Latin America Economics Update Peru slows but solid fundamentals remain intact Peru’s economy witnessed a moderation of growth in Q2 as investors reacted to the emergence of new President Ollanta Humala. While growth will cool further in the near-term on a weaker external... 31st August 2011 · 1 min read
Latin America Chart Pack Market rout focuses attention on risks to growth Financial markets in Latin America suffered heavy losses during the recent global market turmoil, extending their poor performance so far this year. Equity markets fell by around 15% amid a widespread... 25th August 2011 · 1 min read
Latin America Economics Update Mexican rates on hold until 2013 The recent turmoil in the financial markets has re-shaped the debate on how far interest rates may need to rise in Latin America. We still expect one or two more hikes in Peru, Colombia and perhaps... 18th August 2011 · 1 min read
Latin America Economics Update Peru: Growth slowing but not collapsing Peru’s growth rate cooled over the second quarter of this year as weak domestic industry continued to drag on growth and investment suffered from electoral uncertainty. Going into Q3 we expect... 16th August 2011 · 1 min read
Latin America Economics Update Another pause for Peru as policymakers take shelter Peru’s Central Bank (BCRP) kept interest rates at 4.25% for the third successive month last night as policymakers wait to see if the worst of the global market storm has passed over. In the very near... 13th August 2011 · 1 min read
