Brazil is tightening its monetary policy due to increasing food prices, while Mexico is lowering interest rates as inflation is decreasing.
2024-10-10 00:00
Source:
Freshplaza.com
Recently released inflation metrics highlight diverging paths for Brazil and Mexico, the two largest economies in Latin America, which will impact their respective monetary policy directions. Brazil is expected to continue tightening its monetary policy, while Mexico is leaning towards lowering interest rates. Despite these differing approaches, both countries are facing similar economic challenges.
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