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5th Sep 2024 17:26Latin AmericaDaily Monitor

  • The BCCh resumed its easing, reflecting weaker growth and stable inflation expectations.
  • The Bank signalled a faster path to neutral, in Q2 2025, acknowledging weaker domestic demand.
  • We expect further rate cuts, to 5% by late Q4 and 4% by Q2 2025, but uncertainty is elevated.

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Keywords for: 6 September 2024 LatAm Monitor

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