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BCCh President Costa Says Recent Data In Line With Central Bank's Forecasts

CHILE
EM BulletHomepagemarkets-real-timeBulletEmerging Market News
  • Speaking at the Chile Day event in Toronto,BCCh President Costa said that recent data show that the economy is moving beyond its low point and that domestic investment is now reversing from a period of deterioration.
  • She also said that recent data have been in line with the central bank’s forecasts and that the next monetary policy report would provide more details of the impact of recent rise in the copper price.
    • Recent data show economy moving beyond low point. (BBG)
    • Local investment just now reversing deterioration.
    • Anchored cpi estimates give monetary policy flexibility.
    • Process of slowing cpi is still unfolding.
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  • Speaking at the Chile Day event in Toronto,BCCh President Costa said that recent data show that the economy is moving beyond its low point and that domestic investment is now reversing from a period of deterioration.
  • She also said that recent data have been in line with the central bank’s forecasts and that the next monetary policy report would provide more details of the impact of recent rise in the copper price.
    • Recent data show economy moving beyond low point. (BBG)
    • Local investment just now reversing deterioration.
    • Anchored cpi estimates give monetary policy flexibility.
    • Process of slowing cpi is still unfolding.