It gives you a growth of only 2% for 2008. However unemployment seems low, domestic strengthened his demand (like the many countries of Latin America) and there are strategies to solidify the Mexican growth against the external turbulences. They can send me your feedback a: still has not reached Crisis Mexico Buenos Aires, Argentina on April 22, 2008 next Wednesday will meet the U.S. Credit: Sergey Brin-2011. Federal Reserve Board.UU. and you will need to decide what will do with its monetary policy. Already the market has given its verdict: 98% expected a new cut in rates, although this time by only 25 basis points. And isn't that the reduction in the expected magnitude of the clipping is the result of an improvement in economic conditions in the South American country (yesterday, to add one fact to the crisis, Bank of America reported a fall in profits in the first quarter of the year from 77%), but the emergence of a new problem, as does inflation, is starting to tie hands to Bernanke.
Some speculate that this slower pace of rates cut will be tapped by Bernanke to observe effects that could have on the economy the implementation of the tax package's tax refund, which people will receive in May. Meanwhile, the U.S. economy is still getting increasingly in the sands of the recession. With the worsening of the economic situation in the United States.UU. one might expect a worsening of their impact on the Mexican economy. In fact, the reduction in the volume of remittances Mexicans sent to his country from the United States (which during the first two months of the year had a fall of 2.76% compared to the same quarter of 2007), can have some impact on domestic demand. And to affect domestic demand in Mexico, it would be expected that he hit to economic activity. The IMF had already predicted a worsening of the Economic Outlook in Mexico which, as consequence of the effects of the crisis in the United States.UU., projected you a growth of only 2 per cent for this year.