LatAm Daily | Chile kept its MPR unchanged at 3.5% while Peru raised it by 25bp to 4%

Summary

As expected, Chile left the MPR unchanged given the slow pace of growth in activity and concerns over the decline in commodity prices, while inflation is above 4% YoY. Peru hiked its MPR by 25bp to realign inflation expectations with the target range, we do not rule out another rise soon. November GDP will be released in Peru, expected to grow thanks to mining and fishing.

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