U.S. Holiday Shopping, Mexico Hikes, Chile Unemployment: Eco Day
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Welcome to Friday, Americas. Here’s the latest news and analysis from Bloomberg Economics to help you start the day:
- Americans didn’t let omicron stop them from going out for some last-minute holiday shopping and entertainment
- Mexico’s rate traders are betting the central bank will need to maintain its bold hikes to curb inflation, even after the nation’s president said he would like to see the monetary authority support growth
- Advisers to Peru’s President Pedro Castillo are looking for names to replace Finance Minister Pedro Francke as part of a wider cabinet reform being considered by the leftist leader, according to three people familiar with the matter
- Chile’s unemployment rate fell for the eight straight month in November, reaching levels last seen before the pandemic, as a consumer spending boom and soaring inflation prompts the central bank to hike interest rates
- The Port of Los Angeles, the U.S.’s largest for container traffic, will charge a fee on ocean carriers that fail to clear empty containers off the docks from the end of next month
- Finally, here’s what to be on the lookout for in the Latin America next week
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