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Monday, February 12, 2024

Chile to cut rates to 6.25% at next meeting - poll

 Chile's central bank is expected to lower its benchmark interest rate by 100 basis points to 6.25% at its next meeting in April, according to a poll of analysts released by the monetary authority on Monday. The Andean country kicked off a monetary easing cycle in July with a larger-than-expected 100-basis-point rate cut. Last month, the central bank reduced it by another 100 basis points to 7.25% as the nation's monetary authority saw inflation pressures easing.

https://www.nasdaq.com/articles/chile-to-cut-rates-to-6.25-at-next-meeting-poll

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