Latin America’s top central bankers are meeting in Brazil on Friday as pressure mounts on them to begin cutting interest rates in response to slowing inflation.
Political leaders, investors and businesses across the region that led the world into an aggressive monetary tightening campaign after the Covid-19 pandemic are now anticipating — and in some cases demanding — imminent rate reductions.
Read More : Latin America’s Inflation Reaches Critical Juncture, Igniting Calls for Rate Cuts