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Chilean Central Bank: Trump will ignite trade tensions globally

Chilean Central Bank: Trump will ignite trade tensions globally

“We know that trade tensions will increase, but we do not know how and when, and whether they will be concentrated on a group of countries or whether they will be general,” Costa said in an interview with La Tesera newspaper.

Costa added: Inflation Last month it was higher than the bank’s expectations Chilean CentralShe expected there to be temporary cost pressures in the economy with “somewhat weaker consumption.”

She added that the basic condition of inflation has not changed, although the data is more volatile.

While monthly economic activity contracted in September by the largest amount since July 2022, the economy is expected to grow by 2.4 percent in 2024, according to a poll conducted by Bloomberg in the period from November 15 to 20, which included 21 economists.



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