Latin America News
LAST UPDATE: October 18, 2025
Stable debt, policy coordination are key for Latam and Caribbean growth, IMF says
The IMF warned that debt stability and coherent fiscal-monetary policies are essential to sustaining growth in Latin America and the Caribbean.
Insight
Without fiscal discipline and coordination, the region could face renewed financial volatility.
IMF discussed Bolivian economy with candidates ahead of election runoff, official says
The IMF reportedly held discussions with presidential candidates to assess their economic plans and priorities in advance of Bolivia’s runoff election.
Insight
The engagement signals the IMF’s interest in influencing future policy direction during political transitions.
Macklem Sees ‘Soft’ Canada Labor Market Despite September Gain
Bank of Canada Governor Tiff Macklem called the labor market “soft” even though Canada gained 60,400 jobs in September.
Insight
The job gain did not fully reverse prior losses, suggesting underlying labor weakness and caution for rate decisions.
Chile’s $117 Million Snafu Sends Inflation Expectations Lower
Chilean officials admitted to double-counting inflation in electricity pricing, which lowered forward inflation expectations.
Insight
Such accounting errors can erode market credibility and complicate monetary policy.
Bessent says US bought pesos again, currency dips
U.S. Treasury Secretary Scott Bessent confirmed U.S. purchases of Argentine pesos in both spot and “blue” swap markets, leading to peso depreciation.
Insight
The U.S. is actively intervening in Argentina’s currency markets, which may influence investor confidence and policy expectations.
Peru’s new government fires chair of state oil firm Petroperu
Peru’s incoming administration dismissed the chairman of Petroperu as part of its early restructuring efforts.
Insight
This signals the new government’s intent to assert control over key state enterprises and shift energy policy direction.
