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Conflict in the Middle East Deferred Inflation Target of the Central Bank of Costa Rica
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The impact of the conflict in the Middle East begins to be felt in the country’s economy by varying the first projection: inflation. The increase in international contributions of fertilizers, oil and other raw materials has forced the president of the Central Bank, Róger Madrigal, to recalibrate the road map under a criterion of “prudence.” This new reality caused an adjustment in the expectations of the issuing entity, shifting the goal of rea…
·Costa Rica
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