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27th Jun 2023 10:41Latin America, Daily Monitor

  • Brazil’s inflation continued to fall rapidly in Q2, and inflation expectations are now under control.
  • The effect of tax cuts, the impact from monetary tightening, and softening demand is putting a lid on inflation.
  • The minutes of the COPOM last policy meeting suggest that rate cuts will come at the next meeting in August.

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Keywords for: 28 June 2023 LatAm Monitor

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