- In one line: The recovery continues, and expect further good news in Q1.
Andrés Abadía (Chief LatAm Economist)Global
- In one line: The recovery continues, and expect further good news in Q1.
Andrés Abadía (Chief LatAm Economist)Latin America
- Presidents Sheinbaum and Trump agreed to pause tariffs, focusing on border-security cooperation.
- BanRep held interest rates at 9.5%, surprising the consensus, citing inflation and Petro-Trump tensions.
- Increasing inflation expectations and high labour costs are further threats, but BanRep will cut again.
Andrés Abadía (Chief LatAm Economist)Latin America
- In one line: On hold, as uncertainty has increased substantially.
Andrés Abadía (Chief LatAm Economist)Global
- In one line: On hold, as uncertainty has increased substantially.
Andrés Abadía (Chief LatAm Economist)Latin America
- In one line: A solid end to the year, explaining the cautious tone of the BCCh.
Andrés Abadía (Chief LatAm Economist)Latin America
- Mexico’s economic fragility is exposed as US trade policy pushes activity to the verge of recession.
- Banxico will have to balance slowing growth, potential US tariffs and the MXN’s performance.
- Chile’s landmark pension reform strengthens social security and dismantles systemic uncertainty.
Andrés Abadía (Chief LatAm Economist)Latin America
EXTERNAL RISKS ARE FORCING A CAUTIOUS APPROACH…
- …THE PETRO-TRUMP SAGA HIGHLIGHTS THE GROWING THREAT
Andrés Abadía (Chief LatAm Economist)Latin America
- In one line: A terrible end to the year, and downside risks have increased.
Andrés Abadía (Chief LatAm Economist)Global
- In one line: A terrible end to the year, and downside risks have increased.
Andrés Abadía (Chief LatAm Economist)Latin America
- In one line: Another bold rate hike and a continued hawkish stance.
Andrés Abadía (Chief LatAm Economist)Global
- In one line: Another bold rate hike and a continued hawkish stance.
Andrés Abadía (Chief LatAm Economist)Latin America
- LatAm policymakers are facing increased inflation risks amid elevated global uncertainty and threats.
- Brazil’s COPOM maintained its hawkish stance with a bold hike, continuing to fight inflation near-term.
- Chile’s BCCh paused its easing, adopting a neutral bias, as inflation pressures increase.
Andrés Abadía (Chief LatAm Economist)Latin America
- In one line: On hold due to increased uncertainty.
Andrés Abadía (Chief LatAm Economist)Global
- In one line: On hold due to increased uncertainty.
Andrés Abadía (Chief LatAm Economist)Latin America
- Brazil’s economic resilience is tested by volatile trade dynamics and shifting global investment patterns.
- Foreign direct investment improved in 2024, while portfolio investments reflect fiscal uncertainty.
- Chile’s senate approved a pension bill, reshaping social security and addressing economic issues.
Andrés Abadía (Chief LatAm Economist)Latin America
- Colombia’s diplomatic team successfully averted a full-blown economic and political crisis with the US.
- Their Presidents’ social-media spat almost triggered a massive trade war; LatAm is watching.
- Mexico achieved a record trade surplus with the US in 2024 amid economic tensions.
Andrés Abadía (Chief LatAm Economist)Latin America
- In one line: Under pressure, and threats abound.
Andrés Abadía (Chief LatAm Economist)Global
- In one line: Overshooting expectations, and the outlook remains difficult.
Andrés Abadía (Chief LatAm Economist)Latin America
