We don't know who is going to win the elections. But we do know that the legacy of problems for the next government has not stopped getting worse in recent weeks. This week's measures are more fuel...
BASE SCENARIO December 2022
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BASE SCENARIO December 2022
The Fed slowed the hike of its funds rate to 50 basis points in December, leaving it at 4.25-4.5%, but by 2023 it is expected to be above 5.25% for some time. The regional outlook for 2023 is highly uncertain, with Lula returning to Brazil's presidency 12 years later, widespread protests and possibly early elections in Peru, recession in Chile, and high inflation and rate hikes virtually everywhere.
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