The Central Bank of Chile (CBC) hiked interest rates by 50bps to 4.5% on Wednesday but with the near-term outlook for growth very good and inflation likely to top 5% in Q4, further policy tightening is on the way, reports Capital Economics that estimates rates to reach 6% by year-end. Read full article
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Disclaimer & comment rulesMarch figures have been made public recently, with a definitely higher result that expected, reaching 7,2%. Trend is better than expected.
Apr 15th, 2011 - 11:40 am - Link - Report abuse 0Commenting for this story is now closed.
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