MACRO PICTURE

MEXICO: Deteriorating Macroeconomic Outlook Amid Policy Uncertainty

By Francesca Panelli and Brunello Rosa

22 August 2019

In this paper we discuss:

• The latest developments in the Mexican economy;
• The impact trade wars and tariffs are having on economic performance and inflation;
• The policy response so far: monetary easing;
• The uncertainty surrounding AMLO's fiscal stance and his position on PEMEX;
• The recent and future actions of rating agencies; and
• The market implications of all the above (currency, bonds, equties).

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Download PDF: R&R Mexico - August 2019

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