Chile Peso Falls Most in Emerging Markets on Dovish Central Bank

  • Traders are pricing in a rate cut in six months as GDP shrinks
  • Central bank moved to a neutral policy stance this month

Chile’s peso fell the most in emerging markets amid speculation that the central bank is becoming more likely to lower interest rates even as the Federal Reserve raises U.S. borrowing costs.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.