January's inflation came in higher than expected, but we must remember that a new basket of goods was introduced to measure inflation, along with a new base year of 2023 = 100, which also incorporated methodological changes and improvements.
The spread between the local rate and the FED rate has been compressed, but the game will continue until we have clarity on the beginning of the rate cut in the US and we discount the level to which the Central Bank will have to adjust rates.
Against the backdrop of interest rate cuts by both the Central Bank and the Federal Reserve, it will be particularly important to have clarity on how our currency will move.
The story of Watershed illustrates the maturation of the business of measuring greenhouse gas emissions