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BCCh Vice President Presents Monetary Policy Report

CHILE
  • Chile Central Bank Vice President Pablo Garcia is currently presenting the bank’s monetary policy report for December and so we will be on the lookout for any comments. The domestic docket remains light for the rest of the week with just nominal wage data crossing on Friday. Focus quickly will turn to December inflation data which is due on Monday.
  • Separately, Chile’s Lower House will begin discussions on an impeachment accusation against Housing Minister Carlos Montes.
  • State-owned Codelco produced 114,100 tons of copper in November, down 16% from a year ago and 11% from the month before, according to data released Wednesday. This was the lowest month of production for Codelco since August, according to the data compiled by government agency Cochilco.

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