LatAm Daily | Chile’s CB kept policy rate at 3.5% and modified its restrictive tone
Published on Friday, June 17, 2016 | Updated on Friday, June 17, 2016
LatAm Daily | Chile’s CB kept policy rate at 3.5% and modified its restrictive tone
Summary
In Chile’s MP meeting, the probability of Brexit as well as expected lower growth in 2Q16 and decrease in May’s inflation affected the board’s decision. We interpret it as a hawkish tone for the MPR. In Brazil, Tombini's BCB sees inflation at 4.5% in 2017, but no room for Selic cut; Goldfajn's BCB to keep rates stable. Moreover, activity remained stable in April in Brazil.
Geographies
- Geography Tags
- Latin America
- Brazil
- Colombia
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Enestor Dos Santos
BBVA Research - Principal Economist
Lorena Lechuga
Hugo Perea
BBVA Research - Chief Economist
Cecilia Posadas
BBVA Research - Principal Economist
Jorge Selaive
Carlos Serrano
BBVA Research - Chief Economist
Juana Téllez
BBVA Research - Chief Economist
Documents and files
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