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17 Mar 2015
Central bank of Chile could resume easing in mid-year – BBH
FXStreet (Edinburgh) - Analysts at BBH see the Chilean central bank cutting rates further towards mid-2015.
Key Quotes
“The central bank then meets Thursday and is expected to keep rates steady at 3.0%”.
“Inflation was 4.4% y/y in February, above the 2-4% target range but falling from the 5.7% peak in October”.
“The bank has been on hold since the last 25 bp cut back in October, and is likely to remain on hold near-term with risks of resumed cuts near mid-year”.
Key Quotes
“The central bank then meets Thursday and is expected to keep rates steady at 3.0%”.
“Inflation was 4.4% y/y in February, above the 2-4% target range but falling from the 5.7% peak in October”.
“The bank has been on hold since the last 25 bp cut back in October, and is likely to remain on hold near-term with risks of resumed cuts near mid-year”.