EMERGING MARKETS-Chilean peso jumps on inflation data; Bovespa falls

By Asher Levine SAO PAULO, May 8 (Reuters) - The Chilean peso posted its biggest gain against the dollar in over seven months on Thursday after higher-than-expected inflation data dampened expectations that interest rates would be cut at the central bank's next policy meeting. Most other currencies in Latin America strengthened against the dollar after U.S. Federal Reserve Chair Janet Yellen signaled the Fed would continue to support the economy with monetary stimulus. The region's stoc