The Central Bank published the Economic Expectations Survey (EEE) corresponding to February, where it was noted that the monetary policy rate is expected to continue falling and that the dollar will be at 925 pesos within the next two months.

The group of experts of the Central Bank opted for a cut of 100 basis points in the monetary policy rate for the meeting on April 2, in order to reach 6.24% in the fourth month of the year, and 4.25% in December.

In inflationary matters, February would present a monthly variation of the Consumer Price Index (CPI) of 0.2%, and it is expected that in March it will be 0.4% and in December 3%.

The Imacec would have no annual variation, while the 2024 GDP as a whole would record an expansion of 1.7% in economic activity and for the 2024 period it would increase to 2.1%.

Another indicator that alerts experts is the price of the dollar, which following 16 months surpassed a new maximum, closing on Friday above 970 pesos. This increase is due to the differentials between the rates of Chile and the United States.

According to the Central Bank, the exchange rate would be at 925 pesos within two months and around 880 in a horizon of 11 months.