LatAm Daily | Banxico holds MPR at 3.25%, changing its tone to restrictive in Mexico

Summary

Banxico maintained the MPR unchanged as expected, but the tone turned restrictive given the short-term inflation risks and others derived from a worsening economic outlook. Colombian exports dropped, due to the fall in oil prices and lower external demand. Today we will see inflation figures for Brazil and Colombia, economic activity in Colombia and confidence in Mexico.

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