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21st Mar 2024 20:18Latin America, Weekly Monitor

  • The improving inflationary outlook has allowed Banxico to start an easing cycle, by 25bp to 11.00%.
  • The forward guidance continues to indicate the potential for further cuts, depending on the data.
  • The room for policy easing at the next meetings remains wide open, as inflation will continue to fall.

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Keywords for: 25 March 2024 LatAm Monitor

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