Chile holds rates again

Chile holds rates again

Chile Economy & Policy Corporate & Sovereign Strategy

Chile’s central bank said it has kept its benchmark lending rate at 3.5% for the 12th month in a row. The central bank has adjusted its previously neutral bias to indicate that policy easing was on the horizon, Capital Economics said in a report."Partial data for the fourth quarter indicate a weak performance of the economy, particularly in the mining sector," the central bank said in a statement. The central bank also said it expects inflation to remain "towards the lower part of its 2%

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