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31st Jan 2024 19:05Latin America, Daily Monitor

  • Rapid disinflation is allowing LatAm central banks to normalise monetary policy, but speeds differ.
  • Brazil’s COPOM cut rates at a cautious 50bp pace, but we still see room for bolder cuts if the Fed blinks.
  • The unemployment rate ended Q4 on a decent footing, but we see a slowdown in job creation in H1.

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Keywords for: 2 February 2024 LatAm Monitor

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