December 17, 2015 |
Analysts are split over whether Chile's central bank will hold or hike interest rates at today's meeting.
The bank might hold on account of weak economic data, low domestic consumption levels and decreasing inflation that fell to 3.9% in November, analysts at Itau and BMI Research said. The US Federal Reserve's decision to hike interest rates yesterday, however, could pressure Chile's central bank to follow with a 25bp rate rise, to 3.5%, to curb its depreciating peso, analysts at Ban
Easing inflation and weak economic data could see Chile's central bank hold rates - but the Fed's move might prompt a rate hike