The larger-than-expected decline in Chilean inflation, from 2.0% y/y in February to 1.8% y/y in March, is unlikely to convince the central bank to restart its easing cycle. We expect inflation to rise over the rest of this year, and still think the next move in interest rates will be up.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.