Pantheon Macroeconomics

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27th Oct 2022 16:04Latin America, Daily Monitor

  • Brazil’s COPOM kept rates on hold and maintained a cautious approach, dispelling expectations for cuts.
  • We think the easing cycle will come in Q2, but many risks abound, particularly after Sunday’s vote.
  • BanRep likely will hike rates boldly today, aiming to ease the hit from Mr. Petro’s erratic rhetoric.

copom easing brazil

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Keywords for: 28 Oct 2022 LatAm Monitor

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