Latin American central banks’ head start
FT News Briefing
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Banking Challenges and Latin America's Rate Cuts
This chapter delves into the struggles of regional banks due to a mismatch between long-term loans and deposits, and the delayed repayment of government aid highlighting deeper financial issues. It also examines the actions of Latin American central banks in reducing rates to manage inflation, comparing their efforts to those in the U.S. and UK.
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