Brazil readies a steep interest rate rise to salvage credibility

BRASILIA, April 29 (Reuters) - Brazil is poised to deliver another big interest rate increase on Wednesday as the government tries to convince investors it is committed to taming high inflation, despite the risk of recession.

Pena Nieto Gets Boost From Mexico Central Bank After Budget Cuts

The Mexican government will receive 31.4 billion pesos ($2.1 billion) in special revenue from the central bank, allowing a spending boost as falling oil prices prompt budget cuts.

Colombia Holds Benchmark Rate at 4.5% Amid Inflation Surge

Colombia’s central bank kept borrowing costs unchanged for an eighth straight month as consumer prices rise at the fastest pace in six years while the nation’s growth prospects dim.

Argentina is gloating in front of its hedge fund enemies

The Argentine government on Tuesday held a bond offering — something it really hasn't had an opportunity to do much since its 2001 default.

Mexico Prices Fall More Than Forecast as Electricity Tumbles

Mexico consumer prices fell more than expected in the first half of April, as the government phased in electricity discounts and a weak economic recovery limited inflationary pressures.

Latin America to Canada Bet on Good-Neighbor Policy From Fed

Central bankers from Canada to Colombia are betting the U.S. Federal Reserve will prove a good neighbor to their economies and financial markets when it raises interest rates for the first time since 2006.

Brazil Mid-April Inflation Slows Less Than Analysts Forecast

Brazil’s inflation in the month through mid-April slowed less than economists estimated, increasing economists’ expectations that the central bank will continue its pace of rate increases.

Argentina raises 4.7 bln pesos in local debt sale

BUENOS AIRES, April 16 (Reuters) - Argentina on Thursday raised 4.713 billion ($531.5 million) pesos in a sale of 12-month and 18-month local, peso-denominated debt, the economy ministry said.

Peru economy grew 0.94 pct in February - government

LIMA, April 15 (Reuters) - Peru's economy expanded narrowly in February, growing 0.94 percent from the same month a year ago, missing market expectations as construction and mining activity dropped, the government said on Wednesday.

IMF sees Brazil recession in 2015, weighing down region

Rio de Janeiro (AFP) - Brazil's economy will contract by one percent this year, weighing down Latin America as the region struggles to rekindle growth despite low commodity prices, the IMF said Tuesday.

Brazil, Colombia Are Citi’s Picks Among LatAm Currency

The potential for any delay in interest rate increases in the U.S. has been good news for emerging markets, and this could help Latin American currencies extend recent gains, write Citigroup’s Kenneth Lam and Dirk Willer.

Mexico cenbank eyes weak growth, rates likely on hold-minutes

MEXICO CITY, April 9 (Reuters) - Most of Mexico's central bankers are eyeing slack in the economy that could keep them from quickly raising interest rates and only one policymaker is calling to raise borrowing costs ahead of the United States.

IMF sees Brazil economy shrinking, growth hinging on austerity

GOIANIA, Brazil (Reuters) - The Brazilian economy will likely shrink this year, but the South American country could return to growth in 2016 if it succeeds in boosting investor confidence with its austerity drive, the International Monetary Fund said on Friday.

Chile economy continues recovery, inflation slow to cool

SANTIAGO, April 6 (Reuters) - Chile's economic growth continued to show signs of recovery from a five-year low in 2014, while some of the central bank's board members pointed out on Monday that stubbornly high inflation was taking longer than initially anticipated to cool.

Will Mexico's Economy Bounce Back In 2015?

According to Mexico’s latest Indicador Global de la Actividad Económica report the country’s economy expanded by 2.6% in year-on-year terms in January.

Argentina puts heat on Citibank after Paul Singer deal

Argentina isn’t going to let Citibank get off scot free after striking a deal with billionaire hedgie Paul Singer.

Venezuela Looks to Hugo Chavez Oil Belt to Fix Sick Economy

You can't miss it, rising off the main highway, a mountain of toxic soot towering over the flat, sunbaked scrubland of eastern Venezuela.

Brazil posts unexpected primary deficit in February

BRASILIA, March 31 (Reuters) - Brazil posted an unexpected primary budget deficit of 2.3 billion reais ($721 million) in February, central bank data showed on Tuesday, highlighting the challenges the government faces in achieving its closely watched fiscal goal this year.

Argentina to make debt coupon payment as normal - Economy Ministry

BUENOS AIRES (Reuters) - Argentina will make an interest payment on its restructured debt on Tuesday as planned, an economy ministry spokeswoman said, although payment will almost certainly not reach most bondholders.

Punished by Fitch, Mexico’s Legacy of Bad Deeds Ignored in Bonds

(Bloomberg) -- Fitch Ratings says it’s still punishing Mexico’s companies for past sins. Bond investors, though, are proving to be more forgiving.