LatAm Daily | IGAE index in Mexico anticipates moderate growth in 1Q15

Summary

Today will be watching Mexico’s CB decision on the MPR where we do not expect any changes; we believe that the monetary stance relative to the US will be the catalyst for the first rate hike in the reference rate in Mexico. Today also we are awaiting the inflation report in Brazil where we expect the BCB to adjust its inflation forecast for 2016 downwards.

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