Tag Archives: Fitch Ratings

Moody Downgrades Mexico’s Credit Rating

PULSE NEWS MEXICO Just two days after the U.S. financial services rating agency Standard & Poor’s (S&P) revised its long-tern outlook for Mexico from negative to stable, Moody’s Analytics, another of the Big Three credit rating agencies, on Friday, July 8, downgraded the country’s sovereign bonds to Baa2, the next-to-last rung of investment grade, adding that Mexico’s economy will remain

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Mexico’s October Inflation Hits 6.24 Percent

By THE PULSE NEWS MEXICO STAFF Mexico’s inflation rate hit 6.24 percent in October, its highest level since December 2017, the National Institute of Statistics and Geography (Inegi) said Monday, Nov. 8. The National Consumer Price Index (INPC) hike was above market forecasts, which had predicted an annual increase of 6.16 percent, according to a group of economic analysts consulted

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The World According to Bartlett

By ALEJANDRO ENVILA FISHER The question that everyone in Mexico should be asking themselves is whether ordinary citizens are more interested in subsidizing, with their own paychecks and a reduced quality in their public services, an ideologized concept of national sovereignty as purported by President Andrés Manuel López Obrador (AMLO) and his so-called Fourth Transformation (4T), or paying less for

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Fitch: Mexico’s Economic Rebound Losing Steam

XINHUA Mexico’s post-pandemic economic recovery is losing strength after rallying in June, the U.S.-based Fitch Ratings agency warned on Wednesday, Oct. 14. “The latest data for Mexico suggest that the pace of economic recovery is slowing after a sharp rebound in June,” the agency said in a brief commentary. While “robust incoming data” in June and July pointed to higher

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