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22nd May 2024 19:24Latin AmericaDaily Monitor

  • Mexico’s Q1 GDP upward revision masks the underlying economic slowdown; rate cuts are badly needed.
  • Pre-election spending will fuel short-term growth, despite rising public debt and economic challenges.
  • Core inflation is easing in May, allowing a still-hawkish Banxico to consider rate cuts next month.

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Keywords for: 24 May 2024 LatAm Monitor

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