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BCCh Decision/Statement In Focus

CHILE
  • The BCCh is unanimously expected to keep the policy rate unchanged at 11.25%. The decision is due at 2100GMT/1600ET.
    • Most recent developments for the economic outlook as well as the recovery of local asset prices have fast-tracked the debate for some analysts over when the BCCh might engage in rate cuts.
    • This has increased the significance of the committee’s statement as well as both the November inflation print and the December Monetary Policy Report (IPOM), due to be released on Wednesday, December 07.
  • The full MNI preview with analyst views is here: https://roar-assets-auto.rbl.ms/files/39138/MNI%20BCCH%20Preview%20-%20December%202022.pdf

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