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18th Dec 2025 12:34Latin AmericaWeekly Monitor
  • Banxico delivered another rate cut, but firmer inflation and guidance point to pauses ahead.
  • Sticky services inflation and fiscal changes narrow the Bank’s space to ease heading into early 2026.
  • The weakness of growth supports cuts, yet external risks and credibility worries limit the options.

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Keywords for: 22 December 2025 LatAm Monitor

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