18 December 2023 LatAm Monitor Policymakers Remain Cautious, Despite Fed's Shift
15th Dec 2023 15:20Latin America, Weekly Monitor
- LatAm central banks pushed back on aggressive rate-cut expectations, despite the Fed’s policy shift.
- Banxico doubled down on its cautious approach, but we still think that rate cuts will come soon.
- Peru’s BCRP also embraced prudence, but bolder action will be possible in Q1, El Niño permitting.
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