Free Trial

BCCh President Says Rates On Hold Until CPI Slowdown Is Consolidated

CHILE
  • Chile Central Bank President, Rosanna Costa, is speaking at an event where she has cited that two-year inflation expectations still remain above 3% and that rates will remain on hold until the inflation slowdown is consolidated. Further comments as follows:
    • Chile reacted quickly to adopt tight monetary policy.
    • Chile economy has `adjusted' less than forecast.
    • Cites surprises in Chile growth and consumer prices.
    • Job creation in Chile is slow.
    • Chile CPI is 1/3 external components, 2/3 domestic.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.