Latin America News
LAST UPDATE: July 2, 2025
Brazil’s inflation slowdown may prompt monetary policy review, says government official
A Brazilian Finance Ministry official indicated that slower inflation in recent months may lead to a review of the country’s monetary policy. Inflation has decelerated to 5.32%, prompting discussions on potential rate cuts.
Insight
The government’s suggestion of a policy shift could create tension with Brazil’s central bank, which maintains a cautious stance. This reflects broader debates over balancing growth and inflation control in Latin America’s largest economy.
Costa Rica top court asks for president to be stripped of immunity
Costa Rica’s Supreme Court has requested Congress to strip President Rodrigo Chaves of immunity so he can face corruption charges linked to a consultancy contract involving a close adviser.
Insight
This marks a critical test for Costa Rica’s institutions. The unprecedented move could deepen political instability and affect executive power, especially as the opposition holds sway in Congress.
