Latin America Rapid Response Mexico Interest Rate Announcement (Feb. 26) Mexico’s central bank (Banxico) left interest rates unchanged at 7.00% as expected today, and its communications suggested that this marked a pause, not the end of the easing cycle. But the overall... 5th February 2026 · 2 mins read
Latin America Rapid Response Colombia Interest Rate Announcement (Jan. 26) Colombia’s central bank delivered a larger-than-expected 100bp interest rate hike, to 10.25%, at today’s meeting and the hiking cycle has further to run as policymakers try to get ahead of the... 30th January 2026 · 2 mins read
Latin America Rapid Response Mexico GDP (Q4 2025 Provisional) The stronger-than-expected Mexican Q4 GDP figure, of 0.8% q/q, adds to reasons to think that Banxico will pause the easing cycle when it meets next week. But in spite of what looks like a relatively... 30th January 2026 · 2 mins read
Latin America Rapid Response Brazil Interest Rate Announcement (Jan. 2026) Brazil’s central bank left interest rates on hold at 15.00% as expected but the communications struck a much more dovish tone, suggesting that the first interest rate cut will be delivered at the next... 28th January 2026 · 2 mins read
Latin America Rapid Response Brazil IPCA-15 (Jan. 2026) The uptick in inflation in Brazil in the first half of this month, to 4.5% y/y, will probably remove any lingering expectations for an interest rate cut at tomorrow’s Copom meeting. But under the... 27th January 2026 · 2 mins read
Latin America Rapid Response Mexico Bi-Weekly CPI (Jan. 2026) The small rise in Mexican inflation, to 3.8% y/y in the first half of January supports our view that Banxico will leave its policy rate unchanged at 7.00% at its next meeting in February. 22nd January 2026 · 2 mins read
Latin America Rapid Response Mexico Consumer Prices (Dec. 2025) The small fall in Mexican inflation to 3.7% y/y in December leaves the door open to a February cut but the central bank’s cautious tone, alongside still elevated core price pressures, means that we... 8th January 2026 · 2 mins read
Latin America Rapid Response Mexico Interest Rate Announcement (Dec. 2025) Mexico’s central bank (Banxico) delivered another 25bp interest rate cut, to 7.00%, today but its communications suggest that it will likely pause at the next meeting in February. We expect a more... 18th December 2025 · 2 mins read
Latin America Rapid Response Brazil Interest Rate Announcement (Dec. 2025) Brazil’s central bank continued to strike a hawkish tone as it left interest rates on hold again at 15.00% today. There was little in the statement to suggest that policymakers are preparing for a... 10th December 2025 · 2 mins read
Latin America Rapid Response Brazil IPCA (Nov. 2025) The drop in Brazilian inflation to 4.5% y/y in November won’t prompt an interest rate cut at the central bank’s meeting later today (we expect the Selic rate to stay at 15.00%). But it does suggest... 10th December 2025 · 2 mins read
Latin America Rapid Response Mexico Consumer Prices (Nov. 2025) The rise in Mexican inflation to 3.8% y/y in November is unlikely to stop Banxico from cutting its policy rate by another 25bp next week. But it supports our view that the easing cycle will be more... 9th December 2025 · 2 mins read
Latin America Rapid Response Brazil GDP (Q3 2025) The further slowdown in Brazil’s GDP growth in Q3, to 0.1% q/q, was driven by weakness in household consumption. We expect the economy to slow further in 2026 and with inflation set to continue... 4th December 2025 · 2 mins read
Latin America Rapid Response Brazil IPCA-15 (Nov. 2025) The further decline in Brazilian inflation, to 4.5% y/y in the first half of November, combined with the recent weak activity data, mean that it’s looking increasingly likely that Copom will kick off... 26th November 2025 · 2 mins read
Latin America Rapid Response Mexico Bi-Weekly CPI (Nov. 2025) The Mexican inflation outturn of 3.6% y/y in the first half of November, coming alongside the contraction in GDP in Q3, means Banxico will probably opt for another 25bp cut at its next meeting... 24th November 2025 · 2 mins read
Latin America Rapid Response Colombia GDP (Q3 2025) The stronger-than-expected 1.2% q/q expansion in Colombia’s GDP in Q3 reflects continued strength in domestic demand and adds to reasons to expect the central bank to hold off resuming its easing... 18th November 2025 · 2 mins read
