The consensus view that the current strength of domestic demand rules out rate cuts in Chile looks to us to be fundamentally misplaced. Instead, in the absence of fresh rises in metals prices, domestic demand will slow by more than most expect, making further policy easing likely before the end of this year.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services