Tom Lydon (ETF Trends) submits: Consumption In Chile Feeds the Economy and ETF Chile experienced rapid growth during the second quarter that could give room for its ETF to flourish, and giving the Central Bank room to raise interest rates in an effort to stave off inflation. Chile’s GDP grew 4.3% during the second quarter, higher than the anticipated 3.3%. This growth was fueled by an 11% increase in demand, and this is giving policy makers room to raise interest rates if need be. Complete Story » ...
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Tom Lydon (ETF Trends) submits: Consumption In Chile Feeds the Economy and ETF Chile experienced rapid growth during the second quarter that could give room for its ETF to flourish, and giving the Central Bank room to raise interest rates in an effort to stave off inflation. Chile’s GDP grew 4.3% during the second quarter, higher than the anticipated 3.3%. This growth was fueled by an 11% increase in demand, and this is giving policy makers room to raise interest rates if need be. Complete Story » ...