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8th May 2024 17:26Latin AmericaDaily Monitor

  • Brazil’s central bank slowed the pace of rate cuts due to fiscal risks and rising inflation expectations.
  • Policymakers have abandoned their previous forward guidance and become more data-dependent.
  • The hawkish rate cut signals a cautious approach in H2, but the outlook for 2025 will be different.

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Keywords for: 10 May 2024 LatAm Monitor LatAm

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