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24th Jul 2023 20:31Latin America, Daily Monitor

  • Inflation in Brazil continues to surprised to the down- side, and overall conditions for H2 remain benign.
  • The COPOM will welcome the inflation slowdown and likely will cut rates by 50bp next week.
  • Mexico’s economic recovery is stuttering on a sequential basis, despite strong-looking IGAE headlines.

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Keywords for: 26 July 2023 LatAm Monitor

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