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BCCh Traders Survey Predicts Key Rate At 8% In May

CHILE
  • The Central bank have released their latest traders survey. Within the results, traders see the key rate being hiked to 7% at the next meeting. This differs with last weeks economists survey that predicted the rate at 6.75%. Additionally, traders see rates reaching 8% in May, whereas economists predicted a 7% rate at the meeting after next and 7.25% rate in five months time:
    • Chile traders see key rate raised to 7% next month
    • Chile traders see key rate at 8% in May
    • Chile traders see inflation at 0.6% m/m in February
    • Chile traders see inflation at 0.8% m/m in March
    • Chile traders see inflation at 5% in 12 months
    • Chile traders see inflation at 4% in 24 months (All BBG)

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