Caution Needed with Stimulus Unwind: Panelists
An end to ultra-loose monetary policies in the world's largest economies risks stoking inflation in Latin America as currencies depreciate in a "disorderly" manner, says Pedro Pablo Kuczynski, Peru's former prime minister and a partner at Rohatyn Group. "We'll have huge reverse pressure on exchange rates and that will lead to inflation. I've always supported strong intervention by the central bank, but the problem is that the...
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