Published on Friday, May 16, 2014 | Updated on Tuesday, May 20, 2014

Chile's central bank kept the MPR unchanged and maintained its dovish bias

Summary

In our view, further stimulus is needed for the rest of the year given recent activity figures. GDP in Peru was below market expectations, partially due to temporary supply factors. Retail sales in Brazil were lower than expected, pointing to a moderation in consumption in 1Q14.

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BBVA Research BBVA Research

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16 May

English - May 16, 2014

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