Peru, Chile Set for Rate Calls

Peru, Chile Set for Rate Calls

Chile Peru Economy & Policy Corporate & Sovereign Strategy

Chile’s central bank will decide if it should hold rates at 5.0% when it meets today. Itau says easing could begin in August, though notes that there “is enough evidence to justify an interest rate cut tomorrow.” RBS says its base case suggests a later start for the easing cycle. “Only a minority of the market looks for the [central bank] to start its easing cycle with a 25bp cut,” it says in a note ahead of the decision, adding that external factors could push the bank towards a 25bp cut. In Ju

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