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15 Aug 2022 LatAm Monitor Underlying Inflation Pressures Force More Rate Hikes in LatAm

Andres Abadia (Senior International Economist)12th Aug 2022 15:08Latin America, Daily Monitor, Weekly Monitor

Elevated underlying inflation pressures are forcing some central banks in LatAm to continue hiking...

...But recently-implemented measures by governments will allow policymakers to pause, soon.

Brazil’s COPOM hiked for the last time earlier this month; the inflation picture finally has improved.

brl central banks commodity prices copom downside risks election fiscal stimulus headline inflation inflation outlook inflation picture inflation pressures interest rate interest rates June March monetary policy October oil peru policy policy board policymakers political risks q1 rate hike September supply chain surveys tariffs

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