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Why Inflation Is Scaring Latin America If Not the Fed

The U.S. Federal Reserve, like many other central banks, sees inflation from the reopening of economies disrupted by the pandemic to be “transitory,” and it’s not expected to raise interest rates until at least next year. Latin America’s policy makers, by contrast, are rushing to reverse ultra-low borrowing costs. In the last five weeks, central banks in Brazil, Mexico, Peru, Chile and even Uruguay have increased rates, while many expect Colombia to follow soon. Latin America was perhaps hit har

Why Inflation Is Scaring Latin America If Not the Fed

Why Inflation Is Scaring Latin America If Not the Fed
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