Published on Thursday, December 10, 2015 | Updated on Wednesday, January 13, 2016

LatAm Daily | Moody’s could soon downgrade Brazil to high-yield

Summary

The rating agency put Brazil’s sovereign rating under review, implying that a downgrade to high-yield is likely in the next few months. The other bad news regarding Brazil yesterday was that inflation surprised to the upside and broke the 10% level. In Chile, the trader’s survey is for a 25bp hike in MPR at the next monetary policy meeting.

Geographies

Topics

Authors

Marina Conesa
Enestor Dos Santos BBVA Research - Principal Economist
Hugo Perea BBVA Research - Chief Economist
Cecilia Posadas BBVA Research - Principal Economist
Jorge Selaive
Carlos Serrano BBVA Research - Chief Economist
Juana Téllez BBVA Research - Chief Economist

Documents and files


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Report (EPUB)

67413_106126.epub

English - December 10, 2015

Report (PDF)

67413_106126.pdf

English - December 10, 2015

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