Contact Us

Friday, May 10, 2024

Chile Economists Pare Rate Cut Bets as Inflation Picks Up

 

Chile economists are trimming their bets on future interest rate cuts from the central bank as inflation picks up. The economists raised their year-end key rate forecast to 4.75% from 4.5% in April, according to a monthly central bank survey published on Friday. Analysts see borrowing costs hitting 4.5% in 11 months, up from a previous estimate of 4.25%.

https://www.bloomberg.com/news/articles/2024-05-10/chile-economists-pare-down-rate-cut-bets-on-sticky-inflation?srnd=economics-v2

No comments:

Post a Comment