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LATAM

*Argentina, Brazil, Ecuador and Uruguay all out for Carnival. This Combines with the U.S. holiday.


MEXICO - Released Friday, Mexico could have space for at least two more interest rate cuts in 2021 if inflation stays in line with expectations, central bank Deputy Governor Gerardo Esquivel told Bloomberg News. Worth noting Esquivel also voted for a rate cut at the December meeting, but given the most recent unanimity on the board, his comments potentially carry more weight.

Separately, AMLO has announced Mexico's 15 million elderly to get one vaccine dose by April.

  • Mexico received 870k AstraZeneca shots from India over the weekend
  • Government advances talks with Cuba to host part of a trial on a Covid-19 vaccine

CHILE - Chile plans to issue up to a total of $13 billion in peso-denominated Treasury bonds in 2021, according to finance ministry statement. An exact table of the calendar will be posted later today.

From today's Traders Survey:

  • Chile traders see key rate at 0.75% in March 2022
  • Chile traders see inflation at 3.15% in 12 months

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