In this podcast we review how our economic outlook for Latin America has evolved as we pass the midpoint of 2022.  While we remain wary of challenges related to high inflation, tightening monetary policy, and significant political and electoral uncertainty, the slowdown in growth we expect has been pushed back, helped in part by terms of trade gains. However, the risks around global recession also put downside risk to our LatAm outlook, even raising the specter of financial stability concerns in some parts of the region.

Speakers:

Ben Ramsey, Emerging Markets Economic and Policy Research

Cassiana Fernandez, EM, Economic and Policy Research

Gabriel Lozano, EM, Economics Research

Diego Pereira, Economic and Policy Research

This podcast was recorded on July 19, 2022.

This communication is provided for information purposes only. Institutional clients can view the related report at www.jpmm.com/research/content/GPS-4124443-0, www.jpmm.com/research/content/GPS-4148037-0, for more information; please visit www.jpmm.com/research/disclosures for important disclosures. © 2022 JPMorgan Chase & Co. All rights reserved.