Inflation in Latin America is currently running at its highest level in 15 years. With uncertainty about how it will unfold, the expectations of people and firms are largely de-anchored, meaning distinct from the central banks’ target levels, and thus a potential source of even greater inflation. Meanwhile, as world interest rates rise, countries in the region are finding it … [Read more...] about Lessons from the Lost Decade for Confronting Inflation Today
Ana Cepeda is the technical coordinator of the Network of Central Banks and Finance Ministers and of the Financial Stability and Development Network of the IDB Research Department. She has previous experience working in economic analysis and finance in the private and public sector. She holds an MSc. in Economics from the University of Warwick, and her research interests are related to international economics and monetary policy.