The Central Bank of Chile (CBC) hiked interest rates by 50bps to 4.5% last night. With the near-term outlook for growth still very good and inflation likely to top 5% in Q4, further policy tightening is on the way. We are revising up our forecast and now expect rates to reach 6% by year-end (previously 5%).
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