trending Market Intelligence /marketintelligence/en/news-insights/trending/szhioobgoncb4x0vrptvxg2 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 ups 2018 growth forecast amid better investment, consumption

Infrastructure Issues: Tools to Dig Deep on Potential Risks

Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them

Street Talk Episode 66 - Community banks tap the debt markets while the getting is good

Street Talk Episode 67 - Veteran investor tabs Mick Mulvaney to help with latest financial stock-focused fund


Chile central bank ups 2018 growth forecast amid better investment, consumption

Banco Central de Chile revised the country's growth forecast for 2018 to between 3.25% to 4% from a previous estimate of 3.0% to 4.0%, Reuters reported, citing Central Bank President Mario Marcel.

Growth would be driven by an increase in investment and consumption, Marcel said in a meeting with Chile's senators. Domestic demand is seen growing 4.1% this year, up from a previous 4.0% forecast, while investment is predicted to rise 4.5%. Consumption would expand 3.6%, the central bank added.

Chile's gross domestic product grew by 4.2% year over year during the first quarter, its best level since the third quarter of 2013.

As a result, the central bank also changed its inflation forecast to 2.8% in 2018, up from 2.3% previously and closer to the central bank's target of 3.0% in 2019. The forecast supports maintaining monetary stimulus at or near current levels in the short term, the central bank said.

Marcel said "the probability of needing a more expansive interest rate has been reduced."

The central bank earlier decided to keep the policy interest rate unchanged at 2.5%, citing Chile's sustained economic recovery.