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    Published on Thursday, May 14, 2015 | Updated on Sunday, July 15, 2018

    Chile | The CB kept the policy rate on hold at 3% and maintained the neutral bias

    Summary

    The communiqué highlighted an assessment of still weak economic activity, while annual inflation figures remain above the tolerance range. In this regard, we maintain our expectation that inflation will retreat to levels around 2.9%YoY at the end of this year. In this context, our expectation consider no changes in the policy rate during this year.

    Geographies

    Authors

    Jorge Selaive
    Hermann Esteban González
    Fernando Soto
    Cristóbal Gamboni
    Aníbal Antonio Alarcón

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    Report (PDF)

    BCChWatch_RPM_Mayo_2015

    Spanish - May 14, 2015

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