May 05, 2022 11:40 GMT
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...
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