Chile, Peru Maintain Rates

Chile, Peru Maintain Rates

Chile

The central banks of Chile and Peru have announced their decisions to keep monetary policy interest rates unchanged at 8.25% and 6.50%, respectively. Chile’s central bank indicates that its decision is based on “drastic changes observed in the global economy and their impact on projected inflation” which stands at 9.9%. Peru says that its decision was based on “the elevated uncertainty on the global economy’s evolution and its impact on global economic activity, the prices of our imports and exp

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