After the Latest CPI, Experts See a Rate Cut as Unlikely in 2025

Our Managing Director's reading on inflation and monetary policy.

Asked by BioBioChile following September’s CPI — which left twelve-month inflation at 4.4% — Christian Jiménez, Managing Director of Bold Economics, considered that the Central Bank will maintain a cautious stance, given that core inflation, which excludes the most volatile prices, remains elevated. His view aligned with the consensus that a cut to the Monetary Policy Rate looks unlikely in the near term while those pressures persist.