Pantheon Publications
Below is a list of our Publications for the last 6 months. If you are looking for reports older than 6 months please email info@pantheonmacro.com, or contact your account rep.
Please use the filters on the right to search for a specific date or topic.
Andrés Abadía (Chief LatAm Economist)
- Brazil’s inflation dipped slightly in January, but the near-term outlook remains bleak…
- …But pressures will ease in H2 as weakening domestic and external demand weigh on inflation.
- A very, very ugly outlook for Mexico’s industrial sector under Trump 2.0; it could be avoided though.
Andrés Abadía (Chief LatAm Economist)Latin America
- Colombia’s disinflation has paused, complicating BanRep’s efforts to support activity.
- Increased political noise, elevated fiscal strain and external uncertainty are challenges for policymakers.
- Chile’s electricity-tariff hike sparks an inflation surge, dimming hopes for further rate cuts.
Andrés Abadía (Chief LatAm Economist)Latin America
- In one line: A larger cut; improving inflation outlook allows for bolder action.
Andrés Abadía (Chief LatAm Economist)Global
- In one line: A larger cut; improving inflation outlook allows for bolder action.
Andrés Abadía (Chief LatAm Economist)Latin America
- In one line: A good start to the year, supporting further policy normalisation.
Andrés Abadía (Chief LatAm Economist)Latin America
- In one line: A good start to the year, supporting further policy normalisation.
Andrés Abadía (Chief LatAm Economist)Global
- In one line: Inflation spikes in January, driven by electricity tariffs.
Andrés Abadía (Chief LatAm Economist)Global
- In one line: Inflation spikes in January, driven by electricity tariffs.
Andrés Abadía (Chief LatAm Economist)Latin America
- Banxico signals further rate cuts amid disinflation, economic slowdown and easing external pressures.
- The better inflation outlook, however, faces threats from US policy risk and domestic policy noise.
- The Board will likely cut rates to 8% this year, if President Trump doesn’t get in the way.
Andrés Abadía (Chief LatAm Economist)Latin America
- In one line: The first quarterly contraction in more than a year, and the outlook is difficult.
Andrés Abadía (Chief LatAm Economist)Latin America
- Brazil’s industrial output beat consensus in December, yet leading indicators point to a weakening trend.
- January’s COPOM minutes reveal a hawkish stance, despite economic activity softening.
- Peru’s inflation remains well on target, paving the way for a final rate cut in Q2, assuming a stable PEN.
Andrés Abadía (Chief LatAm Economist)Latin America
- Brazilian Real — Resilience in the face of adversity
- Mexican Peso — Complex economic and external waters
- Colombian Peso — Trade and fiscal issues in the spotlight
Andrés Abadía (Chief LatAm Economist)Latin America
- The industrial and commerce sectors are driving Chile’s growth, despite persistent issues in services.
- Confidence indicators are on the mend, as activity navigates complex reforms and external pressures.
- The BCCh will have to take a cautious approach amid sluggish employment growth and high inflation.
Andrés Abadía (Chief LatAm Economist)Latin America
- In one line: The recovery continues, and expect further good news in Q1.
Andrés Abadía (Chief LatAm Economist)Global
- In one line: The recovery continues, and expect further good news in Q1.
Andrés Abadía (Chief LatAm Economist)Latin America
- Presidents Sheinbaum and Trump agreed to pause tariffs, focusing on border-security cooperation.
- BanRep held interest rates at 9.5%, surprising the consensus, citing inflation and Petro-Trump tensions.
- Increasing inflation expectations and high labour costs are further threats, but BanRep will cut again.
Andrés Abadía (Chief LatAm Economist)Latin America
- In one line: On hold, as uncertainty has increased substantially.
Andrés Abadía (Chief LatAm Economist)Global
- In one line: On hold, as uncertainty has increased substantially.
Andrés Abadía (Chief LatAm Economist)Latin America
- In one line: A solid end to the year, explaining the cautious tone of the BCCh.
Andrés Abadía (Chief LatAm Economist)Latin America
- Mexico’s economic fragility is exposed as US trade policy pushes activity to the verge of recession.
- Banxico will have to balance slowing growth, potential US tariffs and the MXN’s performance.
- Chile’s landmark pension reform strengthens social security and dismantles systemic uncertainty.
Andrés Abadía (Chief LatAm Economist)Latin America
