Chilean central bank seen on hold this week – BBH

By FXStreet FXStreet (Edinburgh) – The research team at BBH believes the Chilean central bank could stay put at its meeting tomorrow.

Key Quotes

“Chile central bank meets Tuesday and is expected to keep rates steady at 3.0%. A small handful looks for a 25 bp hike to 3.25%”.

“Like neighboring Peru (who just hiked rates), Chile is facing inflation that’s above target and still rising”.

“It is also struggling with a sluggish economy, and so any tightening ahead is likely to be modest”.
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Source:: FX Street