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Central America

UK budget winners and losers: the pound, gilts and stocks

BY Reuters  • March 15, 2023March 15, 2023
By Lucy Raitano and Samuel Indyk LONDON (Reuters) – Finance minister Jeremy Hunt presented less gloomy forecasts for Britain’s economy at his Spring Budget on Wednesday. Upgraded official[...]
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Business Central America Economy Europe Latin America UK

Mexico’s core prices slow more than expected in February

BY Reuters  • March 9, 2023March 9, 2023
MEXICO CITY (Reuters) – Mexico’s core consumer prices slowed by more than expected in the year to February, data from statistics agency INEGI showed on Thursday, providing some relief as L[...]
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Central America Economy Latin America

Mexico headline, core inflation seen slowing pace in February

BY Reuters  • March 7, 2023March 7, 2023
MEXICO CITY (Reuters) – Mexico’s inflation likely slowed in February but still remained well above the official target, fueling expectations the central bank will raise its key rate again[...]
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Business Central America Economy Latin America

Factbox-Hold or hike? Latin American central banks’ wield rates to battle rising prices

BY Reuters  • March 7, 2023March 7, 2023
MEXICO CITY (Reuters) – A stubborn surge of inflation has caused central banks worldwide to adapt monetary policy to protect people and businesses from price increases, with many raising interes[...]
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Business Central America Economy Latin America

After steep climb in rates, Latam central banks show no signs of reversal

BY Reuters  • March 7, 2023March 7, 2023
By Isabel Woodford MEXICO CITY (Reuters) – Latin American central banks have dashed hopes that they will back off sky-high benchmark interest rates, amid stubbornly high inflation, expected furt[...]
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Business Central America Economy Latin America

Citibanamex faces exodus of customers as sale looms

BY Reuters  • March 2, 2023March 2, 2023
By Isabel Woodford MEXICO CITY (Reuters) – Nearly 1 million customers of Citigroup Inc’s retail unit in Mexico have deactivated their accounts since it was put up for sale last January, ac[...]
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Business Central America Economy Latin America

Bank of Mexico’s Mejia says pace of rate hikes could slow down

BY Reuters  • March 1, 2023March 1, 2023
MEXICO CITY (Reuters) – Omar Mejia, recently appointed deputy governor of Mexico’s central bank, said on Wednesday the institution could consider slowing the pace of raising its key intere[...]
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Business Central America Economy Latin America Politics

Peru announces $9 billion injection to boost economy amid protests

BY Reuters  • February 28, 2023February 28, 2023
LIMA (Reuters) – Peru’s government announced on Tuesday the launch of more than 30 public-private projects worth nearly $9 billion, hoping to revive the economy hit by violent anti-governm[...]
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Business Central America Economy Latin America Politics

Mexico’s ‘historic moment’ for housing needs financing help – study

BY Reuters  • February 28, 2023February 28, 2023
By Kylie Madry MEXICO CITY (Reuters) – For housing access to improve in Mexico, financial support such as mortgages or subsidies, along with greater buy-in from local governments and the private[...]
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Business Central America Economy Latin America Politics Updated
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