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16th Sep 2024 12:21Latin AmericaDaily Monitor

  • The BCRP cut rates to 5.25%, maintaining a cautious approach amid inflation stabilisation and global risks.
  • Real interest rates remain restrictive, despite easing, as inflation expectations align with the target.
  • The narrowing rate differential with the Fed poses currency risk, but pressures are likely temporary.

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Keywords for: 17 September 2024 LatAm Monitor

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