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5th Feb 2024 20:26Latin AmericaDaily Monitor

  •  Brazil’s industrial sector is strengthening, but the devil is in the detail; bold rate cuts are needed.
  • The external balance improved substantially last year as exports were resilient and imports struggled.
  • The minutes of the last policy meeting point to a cruising speed of 50bp rate cuts in the near term.

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Keywords for: 7 February 2024 LatAm Monitor

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