LatAm Daily | Credit markets fell in Brazil and are not expected to recover in 2016

After a decrease of 4% in 2015, we do not expect the credit markets to recover in 2016 and the risks are related to a further increase in NPLs and a new attempt to use public banks to boost economic activity. In Chile, the trader’s survey is for a more cautious MPR normalisation during 2016. Today we will see the minutes of the MP and the labor market report in Brazil.

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