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Pandemic aid: Chilean Central Bank president said pension withdrawals threaten economic recovery
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Chileans tapped into pensions to survive the pandemic – now what? | Business and Economy News
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Chile Set to Become Latest to Raise Rates: Decision Day Guide
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Publishing date: Jul 10, 2021 • 4 hours ago • 5 minute read •
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(Bloomberg) The shifting sands of global inflation will focus central bankers from Ottawa to Wellington in coming days after a month of mounting concern about consumer prices among counterparts including the U.S. Federal Reserve.
The Bank of Canada, which is already in the vanguard of Group of Seven economies dialing back stimulus, will continue that on Wednesday, with officials seen cutting weekly bond purchases by a third. That further step toward normalizing monetary policy could eventually presage interest-rate increases.
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Chile s economy grows 18 1% thanks to pension withdrawals and state emergency funding
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