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8th Jul 2024 11:20Latin AmericaDaily Monitor

  • Inflation undershot expectations in June, which likely will allow the central bank to cut rates further.
  • Risks remain, though; electricity tariffs are set to rise, but soft domestic demand will help to ease the hit.
  • Reduced pension-system uncertainty and benign global conditions will allow further rate normalisation.

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Keywords for: 9 July 2024 LatAm Monitor

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