Corona: April XNUMX / Bank of Mexico rate cut

Current Coronavirus Status: As of April XNUMX

The upper curve is the number of infected people

The bar graph below is the number of deaths

Infected: XNUMX (+XNUMX compared to the previous day)

Suspected infection: XNUMX (-XNUMX compared to the previous day)

Death toll: XNUMX (+XNUMX compared to the previous day)

The actual number of infected people is estimated to be about 2 times this figure.

Therefore, it is highly likely that more than XNUMX people are actually infected.

 

From today, the top of the three stages,

Raised to Phase XNUMXwas given.

The reason is the lack of hospital beds.

Social distancing and requests to refrain from going out unnecessarily and non-urgently,

Measures such as prohibition of eating and drinking in restaurants etc. will continue as they are,

Local governments with high infection rates will resume economic activities on May XNUMX,

Municipalities including the capital Mexico CityJune XNUMXIs expected.

School will reopen on the same day.

It seems that there is no use of force by raising the phase.

 

The infection rate per XNUMX people is XNUMX,

On the other hand, the capital Mexico City has XNUMX,

XNUMX in Baja California Sur, home to Los Cabos;

XNUMX in Quintana Roo, where Cancun is located.

 

The Central Bank of Mexico (Banca de Mexico)

Following March,

This month as wellXNUMX basis point rate cutAnd

the interest rateXNUMX%It will be.

We will gradually lower the

XNUMX% in the endis expected to settle in

 

Japan's standard discount rate and standard lending rate are -XNUMX%,

XNUMX to XNUMX for the United States;

EU is XNUMX,

Mexico's rate cut from XNUMX% to XNUMX% (gradually to XNUMX%)

Among major countries, Japan and Switzerland have negative interest rate policies.

 

The Latin American Economic Commission (CEPATL)

Mexico follows Venezuela (-XNUMX%),

Second recession in Latin AmericaWe have updated our outlook.

also,

The influence of dependence on the neighboring United States, the world's largest economic power, is large,

This will result in a serious drop in income from exports, family remittances and tourism.

 

Source:

https://www.eluniversal.com.mx/

https://www.eleconomista.com.mx/economia/Mexico-tendra-una-de-las-2-recesiones-mas-agudas-de-America-Latina-alerta-la-Cepal-20200421-0053.html

https://www.eluniversal.com.mx/cartera/banxico-decide-disminuir-tasa-de-interes-en-50-puntos-6

No se usará fuerza pública para que la gente se quede en casa, aclara gobierno