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30th Jul 2025 10:47Latin AmericaDaily Monitor

  • The COPOM kept rates on hold and a cautious tone, highlighting persistent inflation and global risks…
  • …US tariffs raise external threats, but exemptions soften the impact on Brazil’s key export sectors.
  • BCCh resumed its easing cycle with a 25bp cut, signalling a gradual return to neutral if warranted.

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Keywords for: 1 August 2025 LatAm Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence