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11th Mar 2024 17:51Latin America, Daily Monitor

  • Another 50bp rate cut is warranted in Brazil next week, with underlying inflation in check.
  • We still see the possibility of a bigger cut in Q2, but challenging external conditions are posing a threat.
  • Mexico’s industrial sector faces challenges despite the good start to Q1; future prospects are bright.

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Keywords for: 13 March 2024 LatAm Monitor

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