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Dr Alfredo Coutino, director, Moody s Analytics, addresses the state of nearshoring

Dr Alfredo Coutino, director, Moody s Analytics, addresses the state of nearshoring
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Bank of Mexico sees extended rate pause as inflation remains complex

The Bank of Mexico s governing board said its benchmark interest rate is likely to remain on hold at 11.25% for an extended period, minutes from the bank s last monetary policy meeting showed on.

Brazil Central Bank to Keep Rates Steady on June 21, Cuts Coming Soon: Reuters Poll

Brazil Central Bank to Keep Rates Steady on June 21, Cuts Coming Soon: Reuters Poll
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Brazil central bank to keep rates steady on June 21, cuts coming soon: Reuters poll

Brazil's central bank is set to keep its key interest rate unchanged on Wednesday for the last time in a policy hold period that began last year, according to a Reuters poll of economists who expect the first rate reduction to come soon. Analysts and investors are looking for signals of an exit from strict policy amid a growing urge to lighten credit conditions in Latin America's No. 1 economy, which in 2021 and 2022 underwent a surprisingly aggressive tightening campaign that added 1,175 basis points of hikes to fight inflation. The rate-setting committee of Banco Central do Brasil (BCB), known as Copom, will hold the benchmark Selic rate at 13.75% -its highest since 2017 - for the seventh and last meeting on Wednesday, according to all 47 economists polled June 12-15.

Brazil central bank to keep rates steady on June 21, cuts coming soon

Brazil's central bank is set to keep its key interest rate unchanged on Wednesday for the last time in a policy hold period that began last year, according to a Reuters poll of economists who expect the first rate reduction to come soon.

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