Latam Daily | Brazilian government takes a new step to tackle slowdown in domestic demand
Published on Tuesday, July 14, 2015 | Updated on Tuesday, July 14, 2015
Latam Daily | Brazilian government takes a new step to tackle slowdown in domestic demand
Following the announcement last week of a measure to try to reduce layoffs, the government increased the cap on payroll loans to 35% of personal income from 30% previously. In Chile, the monetary policy meeting will be held today. We expect the committee to leave rates at 3%.
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