Central Bank of Chile governor raises inflationary concerns

Central Bank of Chile
Photo: Central Bank of Chile/Wikimedia Commons

Global macroeconomic conditions present central banks in emerging countries with a challenge in 2012, as they seek to dampen inflationary pressures while maintaining demand, the governor of the Central Bank of Chile, Rodrigo Vergara, told the Institute of International Finance's Latin American Economic Forum on March 17.

Uncertainties in developed economies have led to increased capital flows to emerging market economies, said the governor. Combined with sustained increases in oil prices, this

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