LatinNews Daily - 29 March 2019

* The directorate of Mexico’s central bank (Banxico) has voted to hold the overnight interbank interest rate at 8.25%, its highest since August 2008. One of the reasons cited was inflation. According to Banxico, despite a recent easing in price pressures, “the balance of risks for the forecast path of inflation remains to the upside, in an environment of high uncertainty”. Mexico closed 2018 with an inflation rate of 4.83%.

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