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Imf Advises Lowering Interest Rates: Can the Central Bank Reduce Them?
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The recent assessment by the International Monetary Fund (IMF) of the Costa Rican economy has compromised the position of the Central Bank of Costa Rica (BCCR).In its last mission, it highlighted the need to lower the Monetary Policy Rate (MPR).Beyond a simple suggestion, the agency presents a structural debate on the effectiveness of monetary policy, credit and mixed signals sent by the economy.The truth is that the market faces a double brake:…
·Costa Rica
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