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.
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- Latin America
- Brazil
- Colombia
- Peru
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- Macroeconomic Analysis
Documents and files
Authors
MC
Marina Conesa
ED
Enestor Dos Santos
BBVA Research - Principal Economist
HP
Hugo Perea
BBVA Research - Chief Economist
CP
Cecilia Posadas
BBVA Research - Principal Economist
JS
Jorge Selaive
CS
Carlos Serrano
BBVA Research - Chief Economist
JT
Juana Téllez
BBVA Research - Chief Economist