* Brazil’s inflation tops estimates in February at 0.83% * Chile to cut rates to 6.5% at next meeting- poll * Argentina fixed-term deposit rate falls to 75% after rate cut * Brazil’s finmin to appoint Rafael Dubeux to Petrobras board * FX off 0.2%, stocks down 0.1% By Ankika Biswas March 12 (Reuters) – The index tracking Latin American currencies slipped on Tuesday against a strong dollar after a hotter-than-expected U.S. inflation print slightly pushed back expectations of an early Federal Reserve interest rate cut. The MSCI index for Latam currencies was down 0.2% at 10:00 a.m. ET. “With the U.S. economy still overheating, we expect 10-year Treasury yields to keep trading above 4% this coming quarter which will exert downward pressure on Latam currencies, especially since major central banks in the region are now in an easing cycle,” said Joaquin Kritz Lara, chief economist at Numera Analytics.
Related Posts
![Five quarterbacks the Packers could add while Jordan Love is hurt 1 titans1 VWgfIb](https://www.trendingsportsupdate.com/wp-content/uploads/2024/09/titans1-VWgfIb.jpeg)
Five quarterbacks the Packers could add while Jordan Love is hurt
Green Bay will be without starting quarterback Jordan Love for a few weeks as he recovers from a knee injury, and here are five quarterbacks they could bring in to compete with backup Malik Willis.
![49ers RB Christian McCaffrey listed as questionable for season opener vs. Jets 2 niners1 VYJU52](https://www.trendingsportsupdate.com/wp-content/uploads/2024/09/niners1-VYJU52.jpeg)
49ers RB Christian McCaffrey listed as questionable for season opener vs. Jets
San Francisco All-Pro running back Christian McCaffrey is listed as questionable for the season opener against the New York Jets with a sore calf and Achilles.
![Nuggets star Jamal Murray reportedly agrees to 4-year, $208 million max extension 3 jamal murray papFrt](https://www.trendingsportsupdate.com/wp-content/uploads/2024/09/jamal-murray-papFrt.jpeg)
Nuggets star Jamal Murray reportedly agrees to 4-year, $208 million max extension
Jamal Murray has agreed to a four-year maximum extension with the Nuggets, which has a total value of $208 million and keep him under contract through 2028-29.