MNI BRIEF: Trump Likely To Let Powell Serve Full Term-Moore

MNI BRIEF: Canada Household Debt Tops $3 Trillion In 3Q

MNI BRIEF: Trump Likely To Allow Powell To Serve Term - Moore

MNI INTERVIEW2: Poland To Push For EU Defence Fund

MNI BRIEF: China To Keep Stabilising Housing Market - CEWC

MNI BRIEF: China Focus On Boosting Consumption In 2025

EZ/UK Bond Supply Calendar: Belgium ORI Facility on Friday

US EIA:NAT GAS STORAGE -190 BCF TO 3,747 BCF DEC 06 WK

MNI: US JOBLESS CLAIMS +17K TO 242K IN DEC 07 WK

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

BCCH Release Minutes Of December Meeting

CHILE
  • Link to full release: https://www.bcentral.cl/documents/33528/3341084/Minute_mpm_december2021.pdf/980677ee-46af-33e9-25aa-ccf537c6be9c?version=1.0&t=1640777828569
  • Chile policy makers considered 100, 125 and 150 bps increase (BBG)
  • Chile policy makers cite surprise strength of consumer spending (BBG)
  • Chile rate needs to reach as much as 6% in next months (BBG)
  • “...to ensure the convergence of inflation to the target within the policy horizon, in a few months the MPR had to stand between 275 and 325 basis points above its level prior to this Meeting (2.75%). Therefore, the decision on this occasion had important tactical and communicational components because, irrespective of the option chosen, the MPR had to be raised further in the coming months and the increase determined now could set the future pace of increases.”
  • “About the option of raising the MPR by 125bp, all five Board members agreed that it was the one that best reflected the contents in the MP Report and the judgment of the Board. In particular, it would place the MPR somewhat above the median of expectations, but within the corridor, which would give full credibility to the Report’s diagnosis and forecasts while, at the same time, it would reassert the Board decision to take every step necessary to ensure compliance with the inflation target.”
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

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.