Chile Holds Its Rate at 4.5% as Monthly Inflation Doubles Forecasts
17 Articles
17 Articles
The Central Bank of Chile (BCCh) maintained its benchmark interest rate at 4.50% per year on Tuesday, in a unanimous decision. In the communiqué of the decision, the directors of the monetary authority cited greater uncertainty in the macroeconomic scenario, faced with the risks of conflict in the Middle East, and weak performance of the domestic economy. Exclusive material for subscribers. To have full access, access the link of the subject and…
In its argument, the Governing Council argues that “the macroeconomic scenario remains subject to a greater degree of uncertainty than usual.
By unanimity of the Council, the Central Bank decided to maintain the Monetary Policy Rate (MPR) again at 4.5%. The decision was in line with the expectations of the market and the recommendation of the Monetary Policy Group (MGP). In its analysis, the issuing entity stressed that the macroeconomic scenario “continues subject to a ... Continue reading “Central Bank maintains the rate and does not rule out that the economy has a “more persistent”…
At its Monetary Policy Meeting, the Council of the Central Bank of Chile agreed to maintain the monetary policy interest rate at 4.5%. The decision was adopted unanimously by its members.
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