Can sharp interest rate hikes fight Latin America’s inflation?

Month-to-month Inflation soared throughout completely different Latin American international locations in March.

Inflation is dipping into individuals’s pockets virtually in all places, however Latin Individuals are amongst these most severely hit.

Central banks throughout the continent have been fast to take motion, implementing aggressive rate of interest will increase. However the measures have executed little to carry down the price of residing. If something, shopper costs soared in many countries final month. And the scenario might worsen because the conflict in Ukraine drives the costs of commodities up.

Elsewhere, Lebanon reaches a draft take care of the Worldwide Financial Fund (IMF). Will the nation implement reforms?

Plus, West Africa’s worst meals disaster in a decade – who will fund the much-needed assist?

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