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11 May 2015
Chile could keep policy on hold this week – BBH
FXStreet (Edinburgh) - In the opinion of analysts at BBH, the Chilean central bank could keep its monetary policy unchanged.
Key Quotes
“Chile central bank meets Thursday and is expected to keep rates steady at 3%”.
“April CPI came in higher than expected at 4.1% y/y, and remains above the 2-4% target range. We see steady rates for now”.
“Meanwhile, President Bachelet continues to struggle, and is expected to announce a new cabinet sometime this week”.
“Consumer confidence has fallen to the lowest level since 2009, which is clearly filtering into less support for Bachelet”.
Key Quotes
“Chile central bank meets Thursday and is expected to keep rates steady at 3%”.
“April CPI came in higher than expected at 4.1% y/y, and remains above the 2-4% target range. We see steady rates for now”.
“Meanwhile, President Bachelet continues to struggle, and is expected to announce a new cabinet sometime this week”.
“Consumer confidence has fallen to the lowest level since 2009, which is clearly filtering into less support for Bachelet”.