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Economy & Business - September 2006
Central bank starts to fret
The Banco de México indicated that it is considering cutting interest rates. It made this signal by taking out a standard line from its monthly report on monetary conditions in Mexico. The standard line, that was dropped, after the bank's monetary policy meeting on 22 September, was that the bank did not see any room for interest rate cuts in the immediate future. The markets were quick to see the implication of an interest rate cut. Interest rates have been stuck at 7% for the past four months.
- Latin America at a turning point
- What's going to happen in 2007?
- Economy slows but Lula powers on
- Central bank starts to fret
- ARGENTINA: Government prepares for a slowdown
- CHILE: Central bank cuts growth forecast
- PARAGUAY: Pretty steady
- URUGUAY: Doing better than expected
- BOLIVIA: Foreigners cut investment
- COLOMBIA: Exports up 13.2%
- ECUADOR: Buoyant non-oil exports
- VENEZUELA: Spending up 80%
- PERU: García aims to spend US$18bn in 2007
- COSTA RICA: IT companies confident despite Intel
- DOMINICAN REPUBLIC: Ferronickel and sugar make up for freezones
- CUBA: 12.5% growth rate claimed
- EL SALVADOR: Fuel prices have an effect on consumption
- GUATEMALA: Minimum wage talks go to arbitration
- HONDURAS: Exports to rise 10% in 2006
- NICARAGUA: Fishing boom
- PANAMA: Growth of between 6% and 7% forecast
- OIL: The implications of the fall in Cantarell's production
- IRON ORE: Mutún: Bolivia delays again
- Brown-Forman bets on tequila
- PRIVATISATION: Renationalisation in Bolivia
- Uruguay sells peso bonds