Chile | Cut in MPR to 2.5% and neutral bias
Published on Friday, May 19, 2017 | Updated on Sunday, July 15, 2018
Chile | Cut in MPR to 2.5% and neutral bias
Summary
It had to happen. The Central Bank has cut the MPR (Monetary Policy Rate) by 25bp and modified its bias to a neutral one. It would be consistent with the macro scenario of the CB to cut the rate despite the fact that consensus and all the surveys were inclined - incorrectly, from our point of view - to maintain it.
Geographies
- Geography Tags
- Latin America
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Cristóbal Gamboni
Hermann Esteban González
Waldo Riveras
Jorge Selaive