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Wall Street Says Mexico Is Downplaying the Trump Threat

  • Finance Ministry keeps forecast for expansion of up to 3%
  • Analysts in Citigroup survey see 2017 growth of less than 2%
Updated on

Mexico’s government and the analysts who cover the economy have never been further apart on their growth expectations. It’s essentially a disagreement on how much concern Donald Trump presents.

The Finance Ministry maintained its forecast for expansion in 2017 on Wednesday, saying the economy can grow as much as 3 percent even with Trump as U.S. president. A day earlier, private-sector economists reduced their estimate to 1.8 percent from 2.3 percent, according to a survey by Citigroup Inc. The 2.5 percent midpoint of the Finance Ministry’s forecast is higher than any prediction in the survey.