Published on Friday, January 13, 2012

A new surprise in inflation

The inflationary surprise in Mexico follows those last week in Chile and Colombia, thus it freezes the enthusiasm to reduce interest rate. This fact was confirmed by the decision of the Central Bank of Peru where interest rate remains unchanged. However, the exception was Chile where the Central Bank reduced interest rate by 25 bp, a decision in line with the Monetary Policy Report presented last week.

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