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25th Jul 2023 20:45Latin America, Daily Monitor

  • The improvement in Brazil’s current account deficit is yet another positive developments.
  • Coupled with the country’s improved risk profile, the external accounts give the BCB room for manoeuvre.
  • Both benign domestic and external conditions are paving the way for rapid monetary easing.

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Keywords for: 28 July 2023 LatAm Monitor

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