Remarks from the International Monetary Fund's Director of the Western Hemisphere Department Alejandro Werner
Speaking in Mexico
- High levels of uncertainty for the economy in Mexico for the next 12 to 18 months
- NAFTA negotiations may be antagonistic
- 2017 election in the country may also cause uncertainty
- Corruption, weak rule of law limit growth
(I'm not sure if there is a deliberate subtext in this last comment, but may be ... )
More:
- Banco de México does not need to raise rates just on the weaker peso
Bloomberg with those headlines