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23rd Mar 2022 00:20Latin America, Daily Monitor

  • COPOM minutes confirm that the end of the tightening is near, providing commodity prices stabilise.
  • The Board announced an additional 100pb rate hike in May, but has left the door open for H2.
  • Colombia's economic recovery stalled in January, due to Omicron and high inflation.

banrep bcb brl commodity prices construction construction output copom global outlook inflation expectations interest rate manufacturing manufacturing output March May monetary policy monetary policy committee oil oil prices policy policymakers q4 rate hike real estate risk premia selic rate usd

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Keywords for: COPOM's Tightening Close to the End, if Commodity Prices Stabilize

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