November 15, 2011
Chiles central bank is scheduled to announce its benchmark interest r
Chile’s central bank is scheduled to announce its benchmark interest rate policy decision late today. The market largely expects the country’s monetary authorities to hold rates at 5.25%. “The GDP proxy Imacec [economic activity index] remained solid in September and inflation surprised to the upside in October with potential contamination on inflation expectations,” RBS says in a report forecasting a hold.