Conditions have been no easier for Latin American officials
charged with fighting inflation earlier this year amid worries
that many of the regions economies were overheating. But
concerns of a slowdown in global growth quickly reversed such
logic late summer and showed just how tricky a central
banks job can be, as expectations of rate cuts grew in
Taming the Beast
With inflation the main challenge, several banks drew positive reviews for their efforts in the past year, with Colombia narrowly leading the way. However, Brazil continues to frustrate markets
Still, during LatinFinances annual poll on the
performance of central bankers in the regions larger
economies, we found market participants largely praising
monetary authorities from Chile to Mexico as they kept
economies on an even keel against an uncertain global backdrop.
The notable exception was Brazil, where the controversial use
of macro-prudential measures to contain inflation and an
ever-strengthening real has stirred its fair share of
As happened last year, separating the favorites at the top
was not easy. But the...
Already have an account?
Subscribe now for unlimited access to all current and archive news, data and market analysis.
Take a free two-week trial now for the latest news, data and market analysis.