The Central Bank will take into account factors other than inflation in setting its monetary policy, such as the current account deficit, financial conditions, and international trade.
This logic is rooted in the market playbook from past recessions, but "the world is different now; inflation is much higher."
The US yield curve has shown an increase in the implied probability of recession in recent weeks.
The scare lasted only a couple of hours, but it remains to be seen whether the market will continue to show this "confidence" in the new Colombian president in the coming days
Nathan Pincheira, Chief Economist FYNSA, gave us his vision of the Chilean economy.
Its focus is to facilitate access to the market for small producers