Our Latin America Economics Chart Pack has been updated with the latest data and our analysis of recent developments.
President Trump’s tariff threats this month put Latin America in the firing line, in stark contrast to Liberation Day when the region was largely unaffected. Taken together with headwinds from tight policy and lower commodity prices, growth is likely to be weak over the remainder of this year and into next. That underpins our view that interest rates across much of the region will be lowered by more than most expect.
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