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Uruguay's Central Bank Predicts Inflation Will Get Crazy

Geopolitics

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Uruguay's Central Bank Predicts Inflation Will Get Crazy

Hey, folks! So, Uruguay's Central Bank is saying inflation's gonna take a wild ride over the target line because of fuel prices and a drought messing with the crops. But don't worry, they're keeping interest rates steady at 5.75%. They're watching things like a hawk, hoping to get inflation back to a comfy 4.5% in two years. Caution is their middle name, folks!