Chile Central Bank Releases Jun Minutes
Chile Central Bank releases June meeting minutes at 08:30 ET
On Jun 16th Chile Central Bank (BCCh left the Overnight Rate Target unchanged at 4.50% (as expected) for its 4th straight pause under the current easing cycle.
Statement: - Decision to keep policy steady was unanimous - Board considered that the balance of risks to inflation had been shifting towards equilibrium - Balance of risk for inflation had evened out - Futures decisions to be made meeting-by-meeting - Current macroeconomic scenario remained subject to a greater than usual level of uncertainty - First quarter GDP was worse than expected; household consumption to be weaker going forward