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Officials Reiterate Monetary & Fiscal Policy Working In Same Direction

CHILE
  • Central Bank president Costa said the BCCh’s currency intervention has reduced market distortions and lowered volatility.
  • Inflation also driven by leftover effects from last year’s fiscal stimulus, as well as global supply-chain bottlenecks, Finance Minister Mario Marcel said at an event on Wednesday.
    • The finance minister reiterated that Chile’s monetary policy and fiscal policy are going in same direction.

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