Fed's Mixed Signals Hit Chile's Copper-Dependent Economy

Fed's Mixed Signals Hit Chile's Copper-Dependent Economy

Chile’s markets stumbled Wednesday as the Federal Reserve’s cautious approach to interest rate cuts exposed the country’s vulnerability to global monetary shifts. The Santiago stock exchange fell 0.65% to 9,007 points while the peso edged weaker against a resurgent dollar. The story behind the numbers reveals a deeper tension. Fed Chair Jerome Powell delivered the […]