July 13, 2026 07:00 AM GMT Andean Economics | Latin America M Idea Andean Macro: What Drives Fed Hikes also Matters Key Takeaways Last week, we revised our BCCh call and now expect three rate cuts between now and January 2027. While this outlook remains partly contingent on some stabilization in the Middle East conflict, the main investor pushback—beyond the geopolitical risk—is what would happen if the Fed were to deliver on hikes priced in. Although Fed hikes are not our house view, we think it is importa ...