February 4, 2020 / 6:19 PM / 12 days ago

Moody's says USMCA signing may help confidence in Mexico

MEXICO CITY, Feb 4 (Reuters) - Credit ratings agency Moody’s said on Tuesday that business confidence may improve in Mexico after the signing of the United States-Mexico-Canada Agreement, but the trade deal’s potential to drive investment is “limited.”

In a statement, Moody’s added that “downside risks to growth have risen,” but said it projects 1% growth in gross domestic product for 2020. (Reporting by Sharay Angulo and Daina Beth Solomon; writing by Julia Love; editing by Chris Reese)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below