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BCCh Seen Slowing Pace of Hikes

CHILE
  • The BCCh are widely expected to continue their tightening cycle at the May meeting, albeit with a smaller hike relative to the last meeting.
  • Consensus points toward the monetary policy committee hiking the overnight rate by 100bps to 8.00%. However, opposing forces of more dovish prior rhetoric and accelerating inflation dynamics indicate a wider range of potential outcomes for the May meeting.
  • Full preview with summary of sell-side views here: https://marketnews.com/mni-chile-central-bank-prev...
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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