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Central Bank Release July Meeting Minutes

CHILE

Highlights from the minutes release (via BBG):

  • Recent data showed lower inflationary pressures
  • It's too early to say CPI woes are solved
  • Some members worried 100bps cut could weaken CLP
  • Weighed cut of 75bps, 100bps at last meeting
  • Eyed total rate cuts of 325-350bps by year's end

Full minutes here: https://www.bcentral.cl/c/document_library/get_fil...

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