The reference rate might fall in April by another 25 basis points.

My concern is that when the economy begins to slow, as I expect this year, revenue will fall as well, but it will be hard for the government to slow spending.

The export sector is getting better and is probably going to continue being strong in the first quarter.

The central bank wanted the peso to weaken, so if it is weakening, one of their incentives to cut rates is no longer there.

Imports growing more than expected means domestic demand continues on a very strong path.

Garcia has a strong campaign strategy, an organized political party, and besides, he is a good speaker.