Central Bank of Chile

December 13, 2016

The central bank board left its key rate unchanged at 3.5% but signaled that “if the recent trends of the economic scenario persist, and so do their implications on the medium-term inflation outlook, it will be necessary to boost the monetary impulse.” According to a released statement, the peso has appreciated, growth is not expected to be faster than the slower-than-desired recent pace, and expected inflation is near the target. In the year to November, consumer prices rose 2.9%.

Copyright 2016, Larry Greenberg. All rights reserved. No secondary distribution without express permission.

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