Fed action likely to affect policy plans in Brazil and Mexico


Latin America’s two largest central banks are expected to resume rate cuts due to lower growth and the US Fed’s recent rate cut, in spite of weaker exchange rates.

Analysts highlight that both the Central Bank of Brazil (BCB) and Bank of Mexico (Banxico) have scant monetary policy space to stimulate their economies. However, the Fed’s 50 basis point emergency rate cut, implemented earlier this week in a bid to cushion the impact of the coronavirus, may have increased policy-makers’ willingness

You are currently unable to copy this content. Please contact [email protected] to find out more.



Source link

Free Course

"Double Your Traffic in 30 days" + Secret Bonus

valued at $299

This amazing course will teach you, step by step, how to double if not triple your traffic over the next 30 days.

100% Privacy. We will never spam you!

Comments