Chile's central bank kept the MPR unchanged and maintained its dovish bias
Published on Friday, May 16, 2014 | Updated on Tuesday, May 20, 2014
Chile's central bank kept the MPR unchanged and maintained its dovish bias
Summary
In our view, further stimulus is needed for the rest of the year given recent activity figures. GDP in Peru was below market expectations, partially due to temporary supply factors. Retail sales in Brazil were lower than expected, pointing to a moderation in consumption in 1Q14.
Geographies
- Geography Tags
- Brazil
- Latin America
- Peru
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
BBVA Research
BBVA Research