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    Published on Thursday, December 10, 2015 | Updated on Wednesday, January 13, 2016

    LatAm Daily | Moody’s could soon downgrade Brazil to high-yield

    Summary

    The rating agency put Brazil’s sovereign rating under review, implying that a downgrade to high-yield is likely in the next few months. The other bad news regarding Brazil yesterday was that inflation surprised to the upside and broke the 10% level. In Chile, the trader’s survey is for a 25bp hike in MPR at the next monetary policy meeting.

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    Topics

    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

    Documents and files

    Report (EPUB)

    67413_106126.epub

    English - December 10, 2015

    Report (PDF)

    67413_106126.pdf

    English - December 10, 2015

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