Pantheon Macroeconomics - Inflation pressures in Brazil are now well- contained, with the headline rate falling to a decade low in July. We think inflation is now close to bottoming out, but the current benign rate strengthens our base case forecast for a 100bp rate cut at the next policy meeting, in September.

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11 August 2017 Brazil's Inflation Rate is Falling, Mexico's Will Soon Follow

By Andres Abadia

Inflation pressures in Brazil are now well- contained, with the headline rate falling to a decade low in July. We think inflation is now close to bottoming out, but the current benign rate strengthens our base case forecast for a 100bp rate cut at the next policy meeting, in September.

Posted: 10th Aug 2017 in 'Latin America Documents'

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