Trial now
MNI

Test, Please Ignore

EUROZONE ISSUANCE

EGB Supply for W/C Jul 26

USDCAD TECHS

Pullback Considered Corrective

US TSYS SUMMARY

What a Short, Strange Trip It's Been

GLOBAL POLITICAL RISK

Pfizer, Moderna Jabs Retain High Trust; AZ, Sputnik Lower

AUDUSD TECHS

Trend Indicators Remain Bearish

Sign up now for free access to this content.

Please enter your details below and select your areas of interest.

Goldman Sachs predict a 25bp rate hike at the July BCCh meeting, assigning a 15-20% probability of a larger 50 basis point increase.

  • Economist Alberto Ramos cites current low levels for Chile's rate, expanding fiscal stimulus, and political uncertainty as reasons for the hike.
  • Ramos says not ruling out central bank changing their stance on full policy normalization to neutrality given the outlook for Chile's economic growth and inflation, and a changing global monetary policy backdrop.
  • Goldman now expects the policy rate to rise to 1.50%-1.75% by the end of 2021, and 2.75-3.00% by the end of 2022. (Per Bloomberg Report)