Story perspectives

Latin America Stable as Fed Rate Cuts Loom

9/18/2025

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Summary

Story summary

Latin American assets remained stable as traders awaited interest rate decisions from the U.S. Federal Reserve and Brazil's central bank.
Argentine stocks rose nearly 3%, and the peso gained 0.5% after a prolonged decline.
President Javier Milei proposed a 2026 budget focused on fiscal discipline and increased funding for healthcare, education, and pensions.
The Fed is expected to cut rates by 25 basis points, while Brazil's Selic rate stays near a 20-year high.
Other Latin American currencies, including the Colombian peso, gained against the dollar.

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Story summary

Latin American assets remained stable as traders awaited interest rate decisions from the U.S. Federal Reserve and Brazil's central bank.
Argentine stocks rose nearly 3%, and the peso gained 0.5% after a prolonged decline.
President Javier Milei proposed a 2026 budget focused on fiscal discipline and increased funding for healthcare, education, and pensions.
The Fed is expected to cut rates by 25 basis points, while Brazil's Selic rate stays near a 20-year high.
Other Latin American currencies, including the Colombian peso, gained against the dollar.