Chilean central bank spells out risks to outlook
Central bank expects inflation to return to 3% target by end of 2017
Chile's central bank believes inflation will hit its 3% target by the fourth quarter of 2017, according to its latest forecasts, released as part of a monetary policy report on December 21.
Its inflation forecast for 2016 ticked up to 3.8% from 3.7% in the previous report, published in September, with the central bank citing risks from both home and abroad.
The report touches upon the recent developments in the US, noting the region will "remain an important source of risk" to the macroeconomic
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