Chile’s Costa on tackling inflation, forex interventions and nowcasting

Rosanna Costa, Central Bank of Chile
Rosanna Costa, Central Bank of Chile
Photo: Banco Central de Chile/Flickr

You took on the role of president of the central bank in February 2022 at a time when the Chilean economy faced a global inflationary shock, volatile commodity markets and as the country underwent a constitutional reform process. How do you assess the central bank’s response?

It is a challenging moment for all countries, for all central banks and policy-makers. We are focused on controlling inflation, which is very high. Our goal is very clear: 3% inflation two years from now. We make decisions

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