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In Chile we anticipate a 25bp cut in the MPR at May's meeting, conditional on April's inflation figure

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Published on Tuesday, May 6, 2014 | Updated on Tuesday, May 20, 2014

In Chile we anticipate a 25bp cut in the MPR at May's meeting, conditional on April's inflation figure

In Chile monthly activity expanded, below the market consensus, but consistent with our GDP forecast for 2014. In Colombia inflation surprised to the upside once again, showing signs of possible, albeit modest, domestic price pressures.