10 Aug 2015
LatAm central banks ahead in the week – BBH
FXStreet (Edinburgh) - The research team at BBH has outlined this week’s activity in LatAm central banks.
Key Quotes
“Chile central bank meets Thursday and is expected to keep rates steady at 3.0%. CPI rose 4.6% y/y in July, up from 4.4% in June and further above the 2-4% target range. The economy remains weak, suffering from low copper prices, but the central bank can’t move while inflation is high and still rising”.
“Peru central bank meets Thursday and is expected to keep rates steady at 3.25%. CPI rose 3.6% y/y in July, up from 3.5% in June and further above the 1-3% target range. Here too, the economy remains weak, suffering from low copper and gold prices, but the central bank can’t move while inflation is high and still rising”.
Key Quotes
“Chile central bank meets Thursday and is expected to keep rates steady at 3.0%. CPI rose 4.6% y/y in July, up from 4.4% in June and further above the 2-4% target range. The economy remains weak, suffering from low copper prices, but the central bank can’t move while inflation is high and still rising”.
“Peru central bank meets Thursday and is expected to keep rates steady at 3.25%. CPI rose 3.6% y/y in July, up from 3.5% in June and further above the 1-3% target range. Here too, the economy remains weak, suffering from low copper and gold prices, but the central bank can’t move while inflation is high and still rising”.