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3rd Feb 2025 09:35Latin AmericaDaily Monitor

  • Presidents Sheinbaum and Trump agreed to pause tariffs, focusing on border-security cooperation.
  • BanRep held interest rates at 9.5%, surprising the consensus, citing inflation and Petro-Trump tensions.
  • Increasing inflation expectations and high labour costs are further threats, but BanRep will cut again.

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Keywords for: 4 February 2025 LatAm Monitor

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