Pantheon Macroeconomics

Best viewed on a device with a bigger screen...

15th Jul 2022 15:55Latin America, Daily Monitor, Weekly Monitor

The inflation picture in Chile has deteriorated markedly, forcing the BCCh to increase rates boldly... 

...But the rapid tightening failed to bring the CLP under control, prompting FX intervention last week. 

Volatility likely will ease in the near term, but further rate hikes in the short run will be needed. 

bcch clp commodity prices copper copper prices energy external conditions fx volatility government inflation expectations inflation outlook inflation picture inflation pressures interest rate interest rates labour May monetary policy policy policymakers polls q4 rate hike recession September trade u.s. usd voters

This publication is only available to Latin America (Monitor) subscribers

Are you taking full advantage of our daily publications?

Pantheon Macroeconomics produce daily publications for U.S., Eurozone, Latin America, UK and Asia, as well as analysis on key data within a few minutes of their release.

U.S. Economic Research
Eurozone Economic Research
Latin America Economic Research
UK Economic Research
Asia Economic Research

Sign up for your complimentary trial

To start your complimentary trial, highlight the areas you are interested in subcribing to and click next.

United States


United Kingdom

China +

Emerging Asia

Latin America


Consistently Right
Access Key Enabled Navigation
Keywords for: Chile's BCCh is Playing Harder, but Inflation Risks Continue to Mount

bcch, clp, commodity prices, copper, copper prices, energy, external conditions, fx volatility, government, inflation expectations, inflation outlook, inflation picture, inflation pressures, interest rate, interest rates, labour, May, monetary policy, policy, policymakers, polls, q4, rate hike, recession, September, trade, u.s., usd, voters, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence