These assets not only offer higher potential returns than traditional instruments, but also allow for greater portfolio diversification.
The monetary policy strategy should remain unchanged, while the tightening cycle will continue at a less aggressive pace than in the past, with 25 bp cuts in October and December. Thus, the TPM would close the year at 5.00%.
In Chile, the dollar is at historically high levels and with the main factors that have explained its rise already discounted, it only remains to wait for the variables to be resolved.
The Central Bank published its September Monetary Policy Report, the famous IPoM. It came with several novelties, some of which we would like to highlight.
Keeping up to date with new trends is essential to take advantage of investment opportunities in an ever-changing economic environment.
Any new proposal to improve this financing mechanism should reconcile the need to relieve debtors with the financial sustainability of the system.
The rise of the dollar is explained by a Dovish Central Bank of Chile and a FED keeping the rate between 5.25 and 5.5
In Chile, an average car costs US$22,000 and an average house costs approximately US$245,000, i.e. 11 cars.
For CFA Society Chile, a good reform should incorporate gradual increases in the retirement of all workers, promote the institutionalization and sustainability of the system, and tend towards a technical and professional administration of resources.