
José Licandro
José Licandro is an economist known for his insights into monetary policy and inflation expectations in Uruguay. Recently, he highlighted the challenges faced by the Central Bank of Uruguay (BCU) in aligning inflation expectations with the target of 4.5%. Licandro pointed out that a recent increase in interest rates did not alter analysts' perspectives, suggesting ongoing difficulties in achieving the desired economic outcomes. He has emphasized the importance of consistent communication from the government and the need for alignment between economic ministries to stabilize inflation expectations.
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Uruguay:
José Licandro criticized the salary guidelines for not aligning with global productivity.
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Uruguay:
José Licandro explained that the nominal exchange rate should not be the focus in open economies like Uruguay.
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Uruguay:
José Licandro believes that the increase in interest rates by the BCU did not affect analysts' views.
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