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CHILE: BCCh Interest Rate Decision Due At 2300BST/1800ET

CHILE
  • A reminder that the BCCh is due to announce its interest rate decision in three hours’ time. Following an unchanged decision in July, latest surveys lean towards the central bank resuming its easing cycle with a 25bp cut to 5.50%. Although activity data broadly support this thesis, the uptick for both inflation and inflation expectations should leave the option to prolong the easing cycle pause on the table, reflected by some analysts within the Bloomberg survey expecting an unchanged decision.
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