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9th Mar 2023 15:36Latin America, Daily Monitor

  • Inflation in Mexico and Chile surprised to the down- side in February, giving policymakers leeway.
  • The strong MXN and CLP appreciation recently will add to the downward pressure on goods prices.
  • The subdued medium-term picture will persuade policymakers to cut interest rates during H2.

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Keywords for: 10 Mar 2023 LatAm Monitor

clp, interest rates, mexico, mxn, policymakers, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence