April 11, 2013
Chile is expected to hold its benchmark interest rate at 5.0% when the cent
Chile is expected to hold its benchmark interest rate at 5.0% when the central bank meets today. Some, including RBS, say a hold for the rest of 2013 is likely. “Under this set of assessments and forecasts, no change in the TPM rate will be required for the foreseeable future, in our view,” Barclays says. Peru is also set to make a rate decision today, and a hold is expected for its benchmark, at 4.25%.