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Lowering the Monetary Policy Rate Will Not Stimulate Economic Growth
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According to the National Institute of Statistics and Censuses, the inflation for the month of October was 0.19% and the accumulated in what goes from 2025 is -1.77%. Some economists criticize that inflation is close to zero and promote that the Central Bank of Costa Rica (BCCR) must take measures to bring inflation up to 3%. According to them, inflation stimulates economic growth. Luis Liberman and Daniel Ortiz say: “The BCCR celebrates as achi…
·Costa Rica
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