There were no surprises from Chile’s Central Bank (CBC) last night as the benchmark rate was maintained at 5.25%. With global demand set to slow but not collapse altogether, the likelihood of further tightening has narrowed considerably and we now expect rates to stay on hold for the foreseeable future.
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