December 20, 2017 |
Chile and Peru's central banks are expected to ease interest rates by as much as 50bp each in the early stages of 2018. According to a report from Capital Economics, both central banks left the door open for further rate cuts.
In Chile, inflation is on the rise and the window to reduce the monetary policy is closing, but Capital Economics expects the country's central bank to implement up to 50bp in cuts. Last week, Chile left its benchmark rate unchanged at 2.5%.
"The risks of a delay in the co
Andean nations' central banks expect to cut interest rates in the coming months