trending Market Intelligence /marketintelligence/en/news-insights/trending/Kr09YThoeNCpxZf14cAYcQ2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Chile central bank chops growth prospects for 2020 as protests persist

Street Talk - Ep. 64: Coronavirus jumpstarts digital adoption

Street Talk Podcast

Street Talk - Ep. 63: Deal talks continue amid bank M&A freeze, setting up for strong Q4

Street Talk Podcast

Street Talk - Ep. 62: 'Brutal' outlook for oil demand offers banks in oil patch no relief

Amid Q1 APAC Fintech Funding Slump, Payment Companies Drove Investments

Chile central bank chops growth prospects for 2020 as protests persist

Banco Central de Chile on Dec.5 slashed its growth prospects for both 2019 and 2020, as the lingering effects of social protests continue to undermine economic activity.

Central Bank President Mario Marcel presented before the Chilean senate the bank's latest report.

The regulator cut its 2019 GDP growth forecast to 1% from between 2.25% and 2.75% previously, while lowering its 2020 expectation to a range of 0.5% to 1.5% from 2.75% to 3.75% earlier.

The economy is expected to fall by as much as 2.5% in the current quarter.

Marcel said that the "social crisis" that erupted in mid-October generated "important changes" in the macroeconomic scenario. He argued that the magnitude of its impact can be compared with "some of the strongest shocks" in Chilean economic history.

Chilean CDS, a widely used measure of sovereign credit risk, has already risen by over 60%, putting at risk its position as Latin America's safest place for bond investors.

He argued that diminishing social unrest through 2020, as well as a gradual economic recovery, could pave the way for the relative normalization of the economy in 2021.