In general, Latin America seems to continue to be doing the right thing with fiscal policy including state sponsored lending and finance programs that are quasi fiscal transfers as well.
Highlights
Brazil’s August Retail Sales Rise 4.7% From Year-Ago |
Brazil to Extend Tax Cut on Appliance Purchases, Folha Says |
Peru GDP Will Rebound Stronger Than Peers, Morgan Stanley Says |
Chilean Banks Relax Credit Conditions in 3Q, Central Bank Says |
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