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21st Apr 2025 12:34Latin AmericaWeekly Monitor

  • Argentina has begun to dismantle the ‘cepo’, marking an historic shift towards currency normalisation.
  • The FX liberalisation narrows gaps, boosts confidence and marks a break from past interventionism.
  • Short-term inflation risks prevail, but fiscal and monetary tightening are restoring macro discipline.

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Keywords for: 22 April 2025 LatAm Monitor

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