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To raise interest rates or not to raise interest rates, that is the central bank’s question

By Nithin Sasikumar in BFO #374, 21 Sep, 21

Latin America is seeing higher inflation and a quick rebound in growth. So, Brazil, Mexico, Chile, and Peru, have all begun to hike policy rates and end the pandemic-era easing. 

In Europe, the Czech Republic and Hungary have hiked their interest rates while the rest of the European Union still waits. 

Northern America, the US in particular, believes that inflation is transitory.

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