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10th Feb 2024 14:16Latin AmericaWeekly Monitor

  • At last Banxico has opened the door to interest rate cuts, as early as next month.
  • Headline inflation has surprised to the upside recently, but due to the volatile non-core component.
  • Core disinflation is on track and economic activity is slowing rapidly; Banxico is already behind the curve.

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Keywords for: 12 February 2024 LatAm Monitor

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