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27th Feb 2015 08:52Latin America, Economic Monitor

Federal Reserve Chair Janet Yellen's testimony this week reinforced our view that the first U.S. rate hike will be in June. The transition to higher U.S. rates will require an unpleasant adjustment in asset prices in some LatAm countries.

Brazil Mexico Colombia Peru Chile current account U.S. interest rates monetary policy currency deficit oil prices depreciation inflation FDI capital terms of trade

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Keywords for: 27 Feb. 2015 External Positions Highlight The Brazil-Mexico Performance Gap

Brazil, Mexico, Colombia, Peru, Chile, current account, U.S., interest rates, monetary policy, currency, deficit, oil prices, depreciation, inflation, FDI, capital, terms of trade,