Traders Expect Chile Central Bank to Hold Rate at 4.5% for 12 Months
Traders expect Chile’s central bank to keep its key rate at 4.5% for 12 months.
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Latam stocks mixed, currencies firm as investors eye US-Iran, domestic data
Latin American equities were mixed, while currencies were flat to higher against the dollar as investors weighed hopes of diplomatic progress in US-Iran conflict, and looked ahead to inflation data later this week from Brazil and Mexico.
Chile central bank expected to keep rate at 4.5% for two years
A trader poll released by Chile’s central bank says its benchmark rate is expected to stay unchanged at 4.5% at the next meeting on September 8, then held at that level for the next 24 months.