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Agusto, DataPro Upgrade Alert MFB Credit Ratings

Alert Microfinance Bank, a member of Alert Group has secured credit rating upgrades from Agusto & Co. and DataPro, reflecting improvements in the Bank’s capital position, liquidity, asset quality and overall financial profile. Agusto & Co. upgraded Alert MFB’s long-term rating to Bbb- from Bb+, assigned an A3 short-term rating and maintained a Stable Outlook. […] The post Agusto, DataPro Upgrade…

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Brazil Focus Survey Lifts Inflation Forecast to 5.01%

Economists in Brazil's central bank Focus survey raised the 2026 inflation forecast to 5.01% and trimmed growth, but still see the Selic falling to 13.5%.

  • Brazil’s central bank Focus survey raised 2026 inflation forecast to 5.01% from 4.99%.
  • Median forecast now above 5% threshold, surpassing official target range of 4.5%.
  • Three consecutive weeks of 2026 inflation forecast for Brazil’s IPCA exceeding 5%.

Mexico Investment Rises 6.6% in July on Machine Imports

Mexico's investment grew 6.6% in July from a year earlier and 1.4% from June, with imported machinery up most, though growth since January is only 1.7%.

  • Mexico's gross fixed investment rose 6.6% in July 2026
  • Machinery imports drove investment growth, up 9.9% year-on-year
  • Construction spending declined 1.5% in July 2026

Colombia Central Bank Minutes Reveal 4-2-1 Rate Split

BanRep's minutes reveal a divided board: inflation fears won a narrow majority for a 12.25% rate, while two directors warned about the cost to growth.

  • Colombia's central bank voted 4-2-1 to raise interest rates by 25 basis points.
  • Inflation exceeded 3% target, with core inflation at 6.1% in August.
  • Board members cited El Niño and higher input prices as inflation drivers.

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