A possibility

As in: The current economic boom along with low interest rates. .. etc.

Many people would disagree. There are still many vulnerable and poor populations in Latin America.

However, from the perspective of a macroeconomist, labour markets are well functioning, things are not getting obviously worse for any major groups etc. ... together with macro stability(low inflation fills in enough on this bit), there is no argument for significant change in monetary policy.

Here, I rely on http://www.wordreference.com/definicion/holgura and use entry 4) Bienestar, desahogo, posesión de condiciones suficientes para vivir bien:

... and then determine that in this context that "satisfactory level of wellbeing" is roughly similar to holgura.

This is similar to another proposed answer, but I think it is necessary to have some indication that this is specifically an acceptable level of wellbeing being referred it.

What seems normal to me in the context.books.google.es/books?isbn=0749414197 -
Leslie Bash, ‎Andy Green - 1995 - ‎Education
The postwar decades in Western Europe brought not only a period of economic affluence (though not for all countries to similar extents and at the same time), ...blogs.lse.ac.uk/.../young-people-are-less-engaged-in...
17/5/2014 - ... renewed urgency in the run-up to May's local and European elections. ... or lesser extent – experienced a period of economic affluence and ...

holgura conveys the sense of better than normal...hence my answer