Chilean governor rejects calls for emergency meeting
January inflation spike means “higher rates than we had contemplated”, says Costa
The governor of the Central Bank of Chile rejected calls for an extraordinary monetary policy meeting, after inflation surged in January.
On February 13, the new governor, Rosanna Costa, said Chile had “a high and more persistent inflation” that “will require a different monetary policy”.
The National Statistics Institute reported on February 8 that consumer price index inflation was 1.2% for the month of January, the highest rate since October. Inflation was greatest in the transport (2.8%)
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