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Economic Research

Latin America: What's Coming Up?

EXECUTIVE SUMMARY

The main event this week in Latin America will be the monetary policy decision in Mexico, where RGE expects the central bank to stay on hold at 4.5%.  Moreover, inflation expectations in Brazil are likely to continue to deteriorate as a result of higher-than-expected inflation last week. Finally, market participants will pay attention to economic and fiscal numbers in Argentina, as well as GDP dynamics in Peru.  As expected, Chile’s and Peru’s central banks stayed on hold at recent meetings, indicating that recent surprises on inflation were driven by internal[...]

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