Brazil’s government will begin its vaccination programme next week but, in the near term, the severity of its COVID-19 outbreak and the discovery of a more infectious variant means lockdown measures could be tightened further. And other risks to the outlook – including the withdrawal of policy support and the threat of a truck drivers’ strike next month are growing. Elsewhere, the Chilean central bank’s plans to replenish its FX reserves suggest that it is concerned that the busy political calendar could put the currency under renewed pressure.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services