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BCCH Meeting In Focus Before June IPOM

CHILE
  • The clear focus this week will be on the BCCh decision after the close on Tuesday. Analysts remain divided as to whether the BCCh will reduce the hiking pace to 100bps or 75bps.
    • Inflation data the following day will likely show the annual headline rate climb above 11%. Furthermore, on Wednesday, the BCCh will publish their June Monetary Policy Report (IPoM).
  • Chile’s Finance Ministry will unveil the country’s tax reform on June 30, Minister Mario Marcel announced Saturday, closing the period of public comment and consultation, according to a press release.

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