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28th May 2024 12:32Latin AmericaDaily Monitor

  • Brazil’s May inflation data support a 25bp rate cut at the next policy meeting on June 19, but risks linger…
  • …The floods in the south of the country have had a limited impact so far, but the hit will be felt soon.
  • Inflation expectations are on the rise; a further deterioration would limit the central bank’s options.

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Keywords for: 29 May 2024 LatAm Monitor

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