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Economic Research

Chile’s Central Bank on Hold for Now

Chile’s central bank stayed on hold at 3.25% in the January 13 meeting, in line with half of a divided consensus, where RGE expected a 25-basis-point rate hike. In the communiqué, the monetary authority highlighted that economic growth in developed economies remained moderate, while emerging markets continued on a buoyant path. Concerns about the fiscal stance in European economies remain and setbacks on the recovery path of developed nations continue to be a risk factor for the developing world. Prices of commodities[...]

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