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Navigating Inflation Across Latin America & the Caribbean
Latin American and Caribbean countries actively navigate a dynamic economic landscape with varying inflation rates and strategies for growth and price stabilization. Economies are strategically tweaking interest rates while global inflation is predicted to reduce from 5.7% in 2023 to 3.9% in 2024. However, these projections from the UN’s Department of Economic and Social Affairs […]
UBS Forecasts Hold on Brazil’s Rate Cuts Amid Rising Inflation Concerns
UBS recently released a report predicting a halt in Brazil’s interest rate cuts, which could profoundly impact the economic landscape. The report, issued on Wednesday, May 29, forecasts Brazil’s Selic rate will stabilize at 9.75% by the end of 2024. Currently, the interest rate in Brazil stands at 10.5%. Interestingly, UBS anticipates no reductions in […]