Latin America Macroeconomic Update: Key Themes For 2022, Mid-Year Review
Wednesday, 6th July 2022
10:30 New York EDT | 09:30 Mexico CDT | 11:30 Brazil BRT | 15:30 London BST
In December 2021, we highlighted five key themes that we expected would shape events in the region in 2022. The region faced a downbeat growth outlook even as the impact of Covid-19 faded, with elevated inflation, rising interest rates and limited prospects for market-friendly reforms against a backdrop of a broad left-ward shift in the region’s political direction.
In this presentation, we will discuss how our Key Themes for 2022 have played out thus far this year, particularly discussing how the spike in commodity prices following the Russian invasion of Ukraine has impacted the economic outlook, and how regional politics have evolved. We will also give overviews of the region’s major economies.
Topics covered will include:
- The region’s macroeconomic outlook, given higher inflation and weaker external demand.
- The growth outlook for Central America and the Caribbean relative to the broader region.
- The likely trajectory of inflation and monetary policy after the shock to commodity prices.
- Political developments across the region and in key markets, particularly elections in Colombia and Brazil.
- Our expectations for major economic, financial and political trends.
Head of Latin America Country Risk
Andrew Trahan heads up the Fitch Solutions Americas Country Risk team. He is based in the New York office, and leads the coverage of Mexico, Venezuela, Nicaragua and several Caribbean markets. He joined Fitch Solutions in 2016 after finishing a BA at Louisiana State University.
Country Risk Analyst
Ashkan Khayami is an analyst on the Fitch Solutions Americas Country Risk team. He is based in the New York office, and leads the coverage of Colombia, Ecuador, Panama and several Caribbean markets. He joined Fitch Solutions in 2020 after completing his Master of International Affairs at Columbia University.
Country Risk Analyst
Kerry Sammon is an analyst on the Americas Country Risk team at Fitch Solutions. She covers Chile and Peru, as well as various Caribbean markets, and is based in the New York office. Kerry joined Fitch Solutions in 2021 and holds a BA from Gettysburg College
THIS COMMENTARY IS PUBLISHED BY FITCH SOLUTIONS COUNTRY RISK & INDUSTRY RESEARCH and is NOT a comment on Fitch Ratings' Credit Ratings. Any comments or data are solely derived from Fitch Solutions Country Risk & Industry Research and independent sources. Fitch Ratings analysts do not share data or information with Fitch Solutions Country Risk & Industry Research.