HomeEconomyChile's central bank likely to start easing cycle in April - JPMorgan Economy Chile's central bank likely to start easing cycle in April – JPMorgan By inew November 10, 2022 0 96 views Share FacebookTwitterPinterestWhatsApp JPM +4.% Add to Watchlist/Remove from Watchlist to watch list Add Location Job added successfully: Please name your holdings type: purchase Sell date: quantity: price Point Value: Leverage: 1:1 1: 1: 1: NEW YORK (Reuters) – Chile’s central bank may begin its easing cycle in April as inflation begins to slow, Morgan said. Chase (NYSE: 52 JPM ) said in the research report. Data this week showed that inflation in Chile slowed to the lowest level in eight months in October. Wall Street banks The market is considering a rate cut starting in January, when the only monetary policy meeting in the first quarter of next year will be held. “However, we increase the likelihood of an easing cycle starting (in the second quarter),” the report said. “To start the easing cycle in January, we need either a more deflationary core inflation path, and/or Global and domestic economic activity decelerates more abruptly than we currently forecast in our core scenario.” 25 Graphic: Chile: Inflation slowing https://graphics. reuters.com/CHILE-ECONOMY/xmpjkgmkyvr/chart.png 200 The basic situation of the bank is that the benchmark interest rate will be cut in April basis point .5%. ” so the nominal policy rate is expected to be 9.5%, 8.% and 7% by June, September and December 75, respectively. “ Chile is expected to maintain its benchmark rate at .% at the December meeting, according to a central bank poll of analysts. 12 Share FacebookTwitterPinterestWhatsApp Previous articleNetflix tests live programming with Chris Rock comedy specialNext articleThe Chainsaw Man – Episode 5 inewhttps://inew.news RELATED ARTICLES Economy NZ-UK free trade deal starts to benefit exporters – NZ PM May 30, 2023 Economy Debt bill looks to further raise cost of insuring U.S. defaulted contracts May 30, 2023 Economy Labor costs not pushing up inflation: San Francisco Fed paper May 30, 2023 LEAVE A REPLY Cancel reply Comment: Please enter your comment! Name:* Please enter your name here Email:* You have entered an incorrect email address! Please enter your email address here Website: Save my name, email, and website in this browser for the next time I comment. USA Trends Messi-mad Indian mom driving to Qatar to see hero in his final World Cup December 7, 2022 Drew Brees fakes lightning strike in promotional stunt for online sportsbook December 3, 2022 Who could be speaker, if not Kevin McCarthy December 3, 2022 3 bold Utah football predictions for Pac-12 Championship vs. USC December 3, 2022 Load more LAST NEWS Nick dismisses LeBron 'changing the narrative' talk, reacts to mysterious IG story | What is Wright? May 31, 2023 Raydium Prices Shot 30% 2 Weeks Ago Before Plunging, What Happened? May 31, 2023 Chainlink Bulls Must Overcome Key Hurdle For Potential 7% Rally May 31, 2023 Is Bitcoin Poised For A Comeback To Higher Price Levels? Experts Weigh In May 31, 2023 Load more Featured NEWS South Africa's FDI inflows fall in Q2, household debt rises September 27, 2022 Apple AirPods Pro 2 will join the iPhone 14 lineup at this week's event September 11, 2022 Austria reports Salmonella and Yersinia data for 2022 April 27, 2023 From street style to Jacquemus, Raffia is all the rage December 14, 2022 Load more
