Chile | Central bank keeps policy rate unchanged
Published on Thursday, November 12, 2015 | Updated on Sunday, July 15, 2018
Chile | Central bank keeps policy rate unchanged
Summary
The CB kept the policy rate unchanged at 3.25% and maintained the hawkish tone. The communiqué showed that the pace of normalisation will be data dependent and highlighted that aggregate activity and demand had evolved in line with the board’s baseline scenario. All in all, we still believe that the policy normalisation will be no more than another 25bp increase in rates.
Geographies
- Geography Tags
- Latin America
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Aníbal Antonio Alarcón
Cristóbal Gamboni
Hermann Esteban González
Jorge Selaive
Fernando Soto
Documents and files
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