Fynsa
The monetary policy strategy should remain unchanged, while the tightening cycle will continue at a less aggressive pace than in the past, with 25 bp cuts in October and December. Thus, the TPM would close the year at 5.00%.
As usual, I wanted to summarize our main projections for 2023, at the risk of being overcharged in twelve months' time.
The sharpest drop was observed in the edible oils price index.
You may say I am a dreamer: economic policies work and eventually we will return to equilibrium. It's not free, though, like nothing else in life.
