Latin America Key Issues
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Brazilian political risk remains high, due mainly to President Bolsonaro's gross mismanagement of the Covid-19 crisis, but, as we have argued in previous Monitors, it is unlikely to deter policymakers from further near-term monetary easing.... More by Andres Abadia
This week's data have offered further clear hard evidence of the Covid-19 shock to the Mexican economy, supporting our base case of further interest rate cuts in the coming monetary policy meetings.... More by Andres Abadia
The coronavirus outbreak has pushed inflation lower in the Andean economies as the shock drives them into the deepest recession on record.... More by Andres Abadia
Economic conditions remain challenging in Mexico, despite a modest improvement in leading indicators. The usual surveys currently are not well-suited to capture the economy's upturn from the Covid-19 collapse.... More by Andres Abadia
Chile's near-term economic outlook is still negative after a sharp resurgence of coronavirus cases.... More by Andres Abadia
We were expecting the pandemic in the Andes to reach a plateau over the coming weeks, given the quick response of regional governments to fight the virus.... More by Andres Abadia
The coronavirus pandemic is wreaking havoc in Brazil.... More by Andres Abadia
Hard data released in Argentina over the last month showed that the economy was struggling in early Q1, even before the Covid-19 hit.... More by Andres Abadia
The Chilean economy was emerging in early Q1 from the self-inflicted shock from the social unrest in October, but the upturn was interrupted in early- March by the restrictive measures introduced to contain Covid-19.... More by Andres Abadia
Efforts to contain the coronavirus outbreak severely dented industrial activity in Brazil.... More by Andres Abadia
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