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14th Apr 2023 15:35Latin America, Daily Monitor

  • Inflation is gradually falling in Mexico, supporting a Banxico pause over the coming meetings.
  • The tone of the March minutes suggests that policymakers likely will leave rates on hold in May.
  • Industrial activity remained resilient in Q1, but a looming U.S. recession is now a big threat.

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Keywords for: 18 Apr 2023 LatAm Monitor

banxico, inflation, latam, March, mexico, policymakers, recession, u.s., Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence