Pantheon Macroeconomics
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1st Jul 2022 14:53Latin America, Daily Monitor, Weekly Monitor
High and sticky inflation in the Andes is increasing the pressure on policymakers to act beyond Q3.
The steady fall in currencies, due mainly to the hawkish Fed, is making things even more complicated.
The strategy will be to act boldly now and bring the economy to a standstill, to allow rapid easing in H1.
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