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13th Oct 2022 15:12Latin America, Daily Monitor

  • Chile’s BCCh is the second LatAm central bank to end its tightening, as the economy struggles.
  • Inflation is starting to edge down, but core pressures remain sticky, which will keep rates on hold until Q2.
  • Structural issues, including a high current account deficit, and political uncertainty, are key risks.

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Keywords for: 14 Oct 2022 LatAm Monitor

Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence