The surprise decision to cut Brazilian interest rates earlier this week has raised the prospect of rate cuts elsewhere in Latin America. If the developed world does eventually slide into recession then monetary policy will be loosened throughout the region. But assuming that the West avoids such a fate, Mexico and Chile appear to be the most likely to follow Brazil’s move.
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