with focus on how policymakers view the balance between inflation risks and the need to support economic growth. Also on Tuesday, Mexico releases inflation data for January. The figures will be scrutinized for signs of whether price pressures are building, potentially complicating Banxico’s easing cycle. On Wednesday, Brazil reports industrial production for December, offering insight into the health of the country’s manufacturing sector. Thursday brings trade data from Colombia, where a widening current-account deficit is a concern for policymakers. Chile’s central bank releases its monetary policy meeting minutes, providing more details on the decision to keep rates on hold last month. On Friday, Peru is expected to hold its benchmark rate, as inflation remains contained and economic activity continues to recover. Argentina will release inflation data, which will be closely watched amid ongoing concerns about the country’s economic stability. Finally, Colombia’s central bank is expected to maintain its benchmark rate at its meeting on Friday, as policymakers continue to monitor inflation and economic growth.