Published on Friday, December 18, 2015 | Updated on Wednesday, January 13, 2016
LatAm Daily | Chile and Mexico increase their policy rates by 25bp
Summary
In Chile, the MPR hike surprised part of the markets and the CB’s communiqué stated that the pace of future adjustment will be gradual and data dependent. On the other hand, Banxico increased its MPR as expected due to the risks that the Fed’s rate hike could pose to inflation and its expectations. Unemployment in Brazil decreased in November due to seasonal factors.
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Authors
MC
Marina Conesa
ED
Enestor Dos Santos
BBVA Research - Principal Economist
HP
Hugo Perea
BBVA Research - Chief Economist
CP
Cecilia Posadas
BBVA Research - Principal Economist
JS
Jorge Selaive
CS
Carlos Serrano
BBVA Research - Chief Economist
JT
Juana Téllez
BBVA Research - Chief Economist