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Latam Daily Flash: As expected, rates were cut by 25bp in Chile and maintained in Peru, but both CBs showed a more neutral tone

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Published on Friday, March 14, 2014

Latam Daily Flash: As expected, rates were cut by 25bp in Chile and maintained in Peru, but both CBs showed a more neutral tone

In Brazil, we have raised our forecast for January’s economic activity indicator (from 0.5% to 0.8% MoM) due to the positive surprises in both retail sales and industrial production.