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Chile Central Bank Says CPI Convergence To Target Still Subject To Risks

CHILE
  • BCCh statement here: https://www.bcentral.cl/en/content/-/details/monet...
  • "Monetary policy has made a significant adjustment and is facilitating the resolution of the imbalances present in the economy. However, inflation remains very high and its convergence to the 3% target is still subject to risks. The Board will maintain the MPR at 11.25% until the state of the macroeconomy indicates that this process has been consolidated."

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