LatAm Daily | Banxico holds MPR at 3.25%, changing its tone to restrictive in Mexico
Published on Friday, February 5, 2016 | Updated on Friday, February 5, 2016
LatAm Daily | Banxico holds MPR at 3.25%, changing its tone to restrictive in Mexico
Summary
Banxico maintained the MPR unchanged as expected, but the tone turned restrictive given the short-term inflation risks and others derived from a worsening economic outlook. Colombian exports dropped, due to the fall in oil prices and lower external demand. Today we will see inflation figures for Brazil and Colombia, economic activity in Colombia and confidence in Mexico.
Geographies
- Geography Tags
- Latin America
- Mexico
- Colombia
- Brazil
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Marina Conesa
Enestor Dos Santos
BBVA Research - Principal Economist
Hugo Perea
BBVA Research - Chief Economist
Cecilia Posadas
BBVA Research - Principal Economist
Jorge Selaive
Carlos Serrano
BBVA Research - Chief Economist
Juana Téllez
BBVA Research - Chief Economist