Pantheon Macroeconomics

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21st Apr 2023 14:52Latin America, Daily Monitor

  • Headline inflation in Mexico is now falling rapidly, and the FX pass-through is favourable.
  • We expect Banxico to keep interest rates on hold in May, before cutting in Q3, as core pressures ease.
  • The worst drought in decades adds to Argentina’s non-stop economic woes.

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Keywords for: 25 Apr 2023 LatAm Monitor

banxico, headline inflation, interest rates, mexico, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence