Luz Lorenzo Quotes

I see no further central bank tightening this year.

- Luz Lorenzo

Tags

Central | Bank | Tightening | Year |

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What we are seeing now is that consumption is getting hit by higher oil prices and the political fallout. This is a reflection of the pessimism that prevailed during the quarter because of the political situation. - Luz Lorenzo

The transmission mechanism for inflation from political instability is usually through the exchange rate. However, this time around, the peso quickly recovered and I would expect it to remain strong for the rest of the year based on continuing structural economic reforms. - Luz Lorenzo

I expect continued weakness in exports because we are losing our market share. - Luz Lorenzo