Latin America

IMF: These factors are slowing down Latin America's COVID-19 recovery

FILE PHOTO: People walk at a popular shopping street amid the coronavirus disease (COVID-19) outbreak in Rio de Janeiro, Brazil, September 16, 2020. REUTERS/Ricardo Moraes/File Photo

A slowdown is inevitable as economies return to their pre-pandemic GDP levels. Image: REUTERS/Ricardo Moraes/File Photo

Ilan Goldfajn
Director of the International Monetary Fund, in charge of the Western Hemisphere Department
Anna Ivanova
Deputy Division Chief, Western Hemisphere Department, International Monetary Fund
Jorge Roldos
Assistant Director in the Western Hemisphere Department, International Monetary Fund
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Latin America

Ilan Goldfajn, Anna Ivanova and Jorge Roldos

Surging inflation.
Rising commodity and imports prices both can account for rising inflation. Image: IMF

Interest rate hikes.
The speed of monetary policy tightening has differed across countries depending on their position in the economic cycle Image: IMF
Inflation expectations anchored
Long-term inflation expectations remain relatively well-anchored, Image: IMF

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latest projections for Latin America and the Caribbean
latest projections for Latin America and the Caribbean Image: IMF
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Related topics:
Latin AmericaCOVID-19Pandemic Preparedness and ResponseEconomic Progress
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