BASE SCENARIO May 2023

Base Scenario  Reports

 

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BASE SCENARIO May 2023

International inflation remains high but with a slowing trend. In the US, the behavior of high inflation is more persistent than initially expected and is far from the target. In this context, a further rise in the monetary policy rate to 5.5% is projected with a drop in November to close 2023 with a rate of 5.27% when previously the year was expected to close with the rate at 4.75%.