Report
Economic Report on Mexico - February 2015
posted by Rogelio Ramirez de la O on February 03, 2015
Found in Latin America, categorized in Macro
Report Cover
Headline
We expect the Bank of Mexico to follow the Fed in hiking interest rates. The Bank would also react to the threat of higher inflation from a weaker peso.
Abstract
Mexican economic indicators continue to show low momentum in the short term. Our estimate of growth for 2015 remains around 2%, as weakness is now reinforced by the cut in public spending announced for this year, likely to hit investment, and subdued business expectations.