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Uruguay’s New Central Bank Chief Vows Firm Hand With Inflation

Summary by Bloomberg
Uruguay is prepared to further hike interest rates if needed to guide inflation and price expectations to the 4.5% target as the South American country seeks to build on its recent success in cooling consumer prices, Central Bank Chairman Guillermo Tolosa said in an interview.

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Bloomberg broke the news in United States on Monday, March 31, 2025.
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