Fynsa
The downside surprise in July inflation in the US will help moderate inflation expectations, but the data remains too high to warrant an appropriate turnaround by the Fed.
The Chilean economy is in such a state of disarrangement that it cannot act as it is accustomed to in this type of situation.
This logic is anchored to the market playbook of past recessions, but "the world is different now, inflation is much higher."
The US yield curve has shown an increase in the implied probability of recession in recent weeks.
It is likely that the focus in the second half of the year should be on at least two variables: inflation and interest rates.
Concern about rising prices and the instruments to control them is not only a technical discussion, it is also a moral obligation.
Complicated scenario for the refinancing of high-yield companies
Assessing U.S. Recession Risks: If there were indeed a recession, what would it look like?
The Central Bank Board opted not to surprise agents, which is quite informative with respect to the future hiking cycle
