US slump leaves little room for Mexico

US slump leaves little room for Mexico

Economy & Policy Credit Ratings Mexico United States Capital Markets

Mexico will not have "much room to maneuver" as a slump in the US market hurts exports and sends the economy into recession in 2023, Janneth Quiroz, chief economist at local brokerage firm Monex, told LatinFinance on Tuesday. "However, thinking in the medium term, we must give certainty to economic actors so that consumption recovers in a sustained manner and investment increases," Quiroz said. Moody's said in a report on Monday that Mexico could fall into recession in the first half of next yea

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