Published on Thursday, June 2, 2016
LatAm Daily | The Chilean CB will soon migrate towards a neutral bias for rates
Summary
In Chile, the only policy option for the CB in its last MP meeting was to keep rates on hold at 3.5%, migrating from a restrictive tone to a more neutral bias. In Brazil, GDP fell 0.3% QoQ in 1Q16, less than expected. In Peru, inflation keeps going down and we foresee that it will continue moderating in the coming months.
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- Latin America
- Colombia
- Brazil
- Peru
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- Macroeconomic Analysis
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Authors
ED
Enestor Dos Santos
BBVA Research - Principal Economist
LL
Lorena Lechuga
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