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Latin America Update

Latin America Update

Chile shifts to neutral on softer global growth prospects

There were no surprises from Chile’s Central Bank (CBC) last night as the benchmark rate was maintained at 5.25%. With global demand set to slow but not collapse altogether, the likelihood of further tightening has narrowed considerably and we now expect rates to stay on hold for the foreseeable future.

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This article is tagged with the following subjects: Chile, Growth, Latin America, Macro-economics
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