Will any Latin American country's central bank raise its benchmark interest rate by more than 50 basis points before December 31, 2024?

While currencies are rebounding, the 'fragile' nature of the rebound implies potential underlying economic vulnerabilities. A significant rate hike could be a response to inflation or currency instability, indicating that the rebound is indeed fragile. A 'Yes' would suggest a significant policy intervention.

Implied probability (Yes)

40%

Closes

2026-09-09