Latin America Rapid Response

Brazil Interest Rate Announcement (Sep. 2026)

Brazil’s central bank (BCB) delivered another 25bp interest rate cut today, to 13.75%, but the absence of hawkish surprises challenges the consensus view that today’s meeting would deliver the last...

16th September 2026 · 2 mins read

Latin America Rapid Response

Brazil IPCA (Aug. 2026)

The slightly larger-than-expected fall in Brazilian inflation to 4.2% y/y in August was driven by a temporary drop in household energy prices. But even so, it keeps the door open for the central bank...

11th September 2026 · 2 mins read

Latin America Rapid Response

Mexico Consumer Prices (August 2026)

The rebound in Mexican inflation (to 3.3% y/y) has further to run in the coming months and we think the headline rate will end this year above Banxico’s projections this year. Combined with the Fed...

9th September 2026 · 2 mins read

Latin America Rapid Response

Brazil GDP (Q2 2026)

The slowdown in Q2 GDP growth in Brazil, to 0.5% q/q, is likely to be followed by a softer second half of the year and we think the door remains open for another 25bp interest rate cut later this...

1st September 2026 · 2 mins read

Latin America Rapid Response

Colombia GDP (Q2 2026)

The strong 1.3% q/q expansion in Colombian GDP in Q2, alongside continued above-target inflation, means that BanRep is likely to deliver an interest rate hike in September (having paused in July).

18th August 2026 · 2 mins read

Latin America Rapid Response

Chile GDP (Q2 2026)

The surprisingly poor Q2 GDP outturn in Chile (output was flat in q/q terms), coming alongside the recent fall in inflation will reduce any pressure on the BCCh to tighten monetary policy and we now...

18th August 2026 · 2 mins read

Latin America Rapid Response

Brazil IPCA (Jul. 2026)

The drop in Brazilian inflation in July, to 4.4% y/y, leaves the door open for the central bank to continue its easing cycle with a 25bp cut at its next meeting in September.

11th August 2026 · 2 mins read

Latin America Rapid Response

Mexico Interest Rate Announcement (Aug. 2026)

Mexico’s central bank (Banxico) kept its policy interest rate on hold at 6.50% at today’s meeting and the overall communications were only marginally more hawkish than in June.

6th August 2026 · 2 mins read

Latin America Rapid Response

Brazil Interest Rate Announcement (Aug. 2026)

Brazil’s central bank (BCB) lowered interest rates by another 25bp today, to 14.00%, but the communications provided a fairly hawkish message on inflation and a signal that the door for further easing...

5th August 2026 · 2 mins read

Latin America Rapid Response

Mexico GDP (Q2 2026 Provisional)

The larger-than-expected 1.5% q/q expansion in Mexico’s GDP partly reflected a recovery after Q1’s fall, and it won’t change the outcome of next week’s central bank meeting (a hold at 6.50% is all but...

30th July 2026 · 2 mins read

Latin America Rapid Response

Brazil IPCA-15 (Jul. 2026)

The drop in mid-month inflation in Brazil in July, to 4.5% y/y, is likely to provide scope for the central bank to deliver another 25bp interest rate cut at next week’s meeting, taking the Selic rate...

28th July 2026 · 2 mins read

Latin America Rapid Response

Brazil IPCA (June 2026)

The small fall in Brazilian inflation to 4.6% y/y in June means that another 25bp interest rate cut at Copom’s August meeting is still in play.

10th July 2026 · 2 mins read

Latin America Rapid Response

Mexico Consumer Prices (June 2026)

The larger-than-expected fall in Mexican inflation, to 3.4% y/y in June, will be welcomed by Banxico and means that interest rates will remain on hold in the near term. That said, we think June...

9th July 2026 · 2 mins read

Latin America Rapid Response

Colombia Interest Rate Announcement (June 2026)

30th June 2026 · 2 mins read

Latin America Rapid Response

Mexico Interest Rate Announcement (Jun. 2026)

25th June 2026 · 1 min read