Latin America faces challenging conditions, IMF warns
Central banks should focus on driving inflation down to preserve credibility, report says
Latin America will struggle to cope with tighter financing conditions as inflation rises and commodity prices fall, the International Monetary Fund warned.
But the IMF said in a research note the region’s economies have few alternatives to proceeding with the policy tightening initiated in 2021.
“Monetary policy must continue focusing on taming inflation and anchoring inflation expectations,” said the IMF on July 27. “This, together with clear communication, will remain key to preserve the
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