Mexico’s Rising Interest Payments and Credit Outlook Concerns

Uncover the historic surge in Mexico's interest payments, reaching the highest levels in 22 years, driven by borrowing for social programs. Explore the implications of HR Ratings and Moody's downgrade of Mexico's credit outlook to negative, amid potential U.S. trade tensions. This episode delves into the fiscal challenges and economic strategies shaping Mexico's financial future, offering insights into the balance between social welfare and economic stability.

Sources:
https://www.eleconomista.com.mx/economia/pago-intereses-septiembre-niveles-historicos-banxico-20241125-735736.html
https://www.tvazteca.com/aztecanoticias/afecta-la-economia-hr-ratings-cambia-a-negativa-la-perspectiva-la-calificacion

Outline:
(00:00:00) Introduction
(00:00:36) Interest payment to September, at historical levels: Banxico
(00:03:27) Does the economy affect? HR ratings changes the perspective of Mexico's qualification to negative