Latin America Economics Update Learning to live with higher capital inflows Policymakers across the region are facing a tricky balancing act. On the one hand, capital inflows are likely to remain healthy over the coming months. Additional liquidity generated by further policy... 18th October 2010 · 1 min read
Latin America Chart Pack Capital controls back on the agenda Governments in Latin America are becoming increasingly concerned about rapid currency appreciation, and for good reason. For a start, most currencies (with the notable exception of the Mexican peso)... 30th September 2010 · 1 min read
Latin America Economics Update Colombian GDP growth is better than it looks Colombian Q2 GDP growth came in well below consensus, but in line with our forecast of 4.5% y/y. While global headwinds could cause the pace of growth to slow to around 3.0% in 2011, the mediumterm... 23rd September 2010 · 1 min read
Latin America Economics Update Treading carefully After a rapid rebound from last year’s recession, it seems that growth in Latin America is now starting to ease to a more sustainable pace. Monetary tightening has further to run in Chile and Peru... 20th September 2010 · 1 min read
Latin America Economics Update Colombia: BANREP intervention to stabilise peso, for now The Central Bank of Colombia (BANREP) this afternoon announced that it will resume market intervention to stem the appreciation of the peso. History shows that this may be successful in preventing the... 15th September 2010 · 1 min read
Latin America Economics Update Colombia: Interest rate convergence justified by fundamentals Colombian interest rates are converging towards those in Chile and Peru. While the strength of the peso has kept Colombian rates down this year, a more general improvement in policymaking in recent... 13th September 2010 · 1 min read
Latin America Economic Outlook Treading the middle ground The outlook for Latin America remains good and, while the developed world will struggle to grow by 2% next year, we expect the region as a whole to grow by 4%. Brazil, Chile, Peru and Colombia will... 10th September 2010 · 1 min read
Latin America Chart Pack Running into global headwinds Growth in Brazil has shifted to a more sustainable pace in recent months, but otherwise the region’s recovery remains on track. For now, at least, the major threat to growth stems from global rather... 27th August 2010 · 1 min read
Latin America Economics Update Markets still overestimating the pace of tightening 23rd August 2010 · 1 min read
Latin America Chart Pack On course for a weaker 2011 This month’s data have brought fresh signs that the region’s recovery, which has so far been pretty impressive, is starting to lose some of its steam. Brazilian industrial production stagnated in... 27th July 2010 · 1 min read
Latin America Economics Update Softer tone of recent data won't stop rate hikes Although the incoming data from Latin America have shown tentative signs that the recovery in the region is losing some of its steam, this is in line with our expectations and does not alter the... 19th July 2010 · 1 min read
Latin America Chart Pack Data starting to soften but recovery still on track The latest data from the region have been somewhat softer than expected. Industrial production slowed in both Brazil and Mexico last month, while forward looking indicators weakened too. Data on the... 29th June 2010 · 1 min read
Latin America Economics Focus Colombia: How should Santos build on Uribe’s legacy? Colombia had a relatively ‘good’ crisis but following his victory in Sunday’s election the new President, Juan Manuel Santos, will need to pursue aggressive supply-side reforms to mitigate the threat... 23rd June 2010 · 1 min read
Latin America Economics Update Two-speed tightening cycle underway With the recovery well underway in most parts of Latin America the monetary tightening cycle has begun in some parts of the region. Policymakers in Brazil are in the midst of an aggressive tightening... 14th June 2010 · 1 min read
Latin America Chart Pack Markets hammered by flight to safety Financial markets across the region have been hammered by a flight to safety over the past month as concerns about fiscal sustainability in the euro-zone have reached fever pitch. Equities, currencies... 28th May 2010 · 1 min read
Latin America Economics Update Brazil to hike again, despite market turmoil A clear divergence in the outlook for monetary policy across the region has opened up over the past month. Policymakers in Brazil have signalled that they will act aggressively to calm fears about... 25th May 2010 · 1 min read
