Duarte-García, Andrés Felipe

The global economy proved resilient during the period analyzed, although signs of a slowdown emerged towards the end of the quarter.Inflation resumed its convergence towards targets in most major developed economies.There was a shift towards less restrictive monetary policy stances and looser…

Inflation indicators surpassed expectations, staying above the targets set by most central banks. Major central banks in developed economies maintained a cautious stance, contributing to expectations of prolonged contractionary monetary policy.

Inflation indicators remain above the target of most central banks despite continuing to show a decline in most countries. The main central banks of developed economies suggested the possibility of keeping monetary policy rates (MPRs) at high levels for a longer period.Fixed income assets…