FXStreet (Edinburgh) - The research team at BBH has noted the upcoming central banks meetings in the LatAm space. Key Quotes “Peru central bank meets Thursday and is expected to keep rates steady at 3.5%. The last move was a 25 bp hike to 3.5% in September that started the tightening cycle. Inflation was 3.66% y/y in September, still above the 1-3% target range. However, it has fallen from the 4% y/y peak in August and disinflation should continue. The economy remains sluggish and so an aggressive tightening cycle seems unlikely”. “Chile central bank meets Thursday and is expected to keep rates steady at 3.25%. The market is mixed, however. Of the 20 analysts polled by Bloomberg, 6 see a 25 bp hike and 14 see no change. CPI rose 4.0% y/y in October, and is right at the top of the 2-4% target range. The last move by the central bank was a 25 bp hike to 3.25% in October that started the tightening cycle, but we know that no hike was also discussed. With the economy sluggish and inflation falling, the tightening cycle is not expected to be an aggressive one. Earlier today, Chile reported October trade”. For more information, read our latest forex news.