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13th May 2024 20:18Latin AmericaDaily Monitor

  • Peru’s BCRP cut the policy rate by 25bp to 5.75% and delivered a dovish shift in the inflation outlook.
  • Further easing will depend on inflation dynamics and its determinants; US Fed policy will also play a role.
  • Inflation in Chile surprised to the upside in April, which will force the BCCh to act with more caution.

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Keywords for: 15 May 2024 LatAm Monitor

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