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LatAm Daily | Chilean monetary authority lowers expected GDP range to 2.0%-2.5% in 2015

Published on Wednesday, September 2, 2015

LatAm Daily | Chilean monetary authority lowers expected GDP range to 2.0%-2.5% in 2015

An adjustment was made to the inflation forecast for YE15 from 3.4% YoY in June to 4.6%, and more persistence in inflation is expected, reaching 3.7% YoY at the end of 2016. The tone was more hawkish, and contemplates a monetary normalization towards 1Q16.

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