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7th Mar 2024 20:55Latin America, Weekly Monitor

  • Peru’s BCRP surprised markets by keeping rates on hold but reducing reserve requirements.
  • Chile’s inflation surged in February, due to the CLP sell-off, posing challenges for the BCCh.
  • Risks and uncertainty loom as the CLP faces depreciation pressures due to the unattractive carry.

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Keywords for: 11 March 2024 LatAm Monitor

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