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13th Jun 2024 18:15Latin AmericaWeekly Monitor

  • The BCRP left rates unchanged, defying expectations once again, as core inflation remains sticky in Peru.
  • Muted inflation and soft economic activity will allow further policy normalisation in H2.
  • Another boost for President Milei as inflation in Argentina slowed in May, undershooting expectations.

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Keywords for: 17 June 2024 LatAm Monitor

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