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Video: Mexico's 2015 Economic Outlook

Panelists:

  • Alonso Cervera, Chief Economist for Latin America, Credit Suisse
  • Gerardo Rodríguez, Managing Director, Emerging Markets Strategy, BlackRock, Inc.
  • Shelly Shetty, Senior Director and Head of Latin American Sovereigns, Fitch Ratings
  • Katia Porzecanski, Emerging Markets, Americas, Bloomberg News (Moderator)

Experts discussed Mexico's new economic context in the face of lower oil prices, a new bidding phase for its energy reform, and a weakening peso. Fitch Ratings' Head of Latin American Sovereigns Shelly Shetty forecasted economic growth for Mexico at 3.4 percent for 2015, but said that the projection should be downgraded. Alonso Cervera of Credit Suisse shared how falling oil prices can affect expected growth from investments in the energy sector while Blackrock's Gerardo Rodríguez indicate lower oil prices could benefit Mexico in the medium term. The panel explored investors' response to Mexico's macroeconomic policies, current market volatility, and an eventual U.S. Federal Reserve Bank lift of interest rates this year, as well as reactions to the state of rule of law in the country today.

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