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18 Mar 2015
Latam central banks in the limelight this week – TDS
FXStreet (Edinburgh) - Strategists at TD Securities reviewed the central banks’ monetary policy meetings in the Latam space ahead in the week.
Key Quotes
“On Thursday, we expect the CB of Chile to keep rates on hold at 3.0% in spite of inflation remaining elevated at 4.4% Y/Y in February”.
“Finally on Friday, we expect the CB of Colombia to leave rates unchanged at 4.5%, despite the substantial weakness of COP over recent months”.
“The administration has repeatedly expressed its comfort with the much weaker peso, as the natural shock absorber for the slowdown in economic growth amid much weaker oil prices”.
Key Quotes
“On Thursday, we expect the CB of Chile to keep rates on hold at 3.0% in spite of inflation remaining elevated at 4.4% Y/Y in February”.
“Finally on Friday, we expect the CB of Colombia to leave rates unchanged at 4.5%, despite the substantial weakness of COP over recent months”.
“The administration has repeatedly expressed its comfort with the much weaker peso, as the natural shock absorber for the slowdown in economic growth amid much weaker oil prices”.