Deel raises $300 million in series E funding round
17, OctoberAccording to a report by Felicity Glover published in Staffing Industry Analysts, the company reached a valuation of 17.3 billion. Employer-of-record provider Deel has ...
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Latin America and the Caribbean: Recent Developments, Outlook, and Policies After a stronger-than-expected ...
Latin America and the Caribbean: Recent Developments, Outlook, and Policies
After a stronger-than-expected recovery from the pandemic and continued resilience in early 2023, economic growth in Latin America and the Caribbean (LAC) is softening as the effect of tighter policies to combat inflation is taking hold and the external environment is weakening. The early and swift monetary tightening across the region since 2021, together with the withdrawal of most of the pandemic fiscal stimulus and the reversal of external price pressures, have helped put headline inflation on a downward trajectory. Core inflation has also started to ease, as price pressures are becoming less generalized, although it remains elevated amid strong labor markets and positive output gaps in some countries. Banking systems have weathered the rise in interest rates well and are generally healthy, though credit to the private sector is decelerating amid tighter supply conditions and weaker demand.
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