Several policymakers considered a reduction of 100 or 125 basis points in January, while one wanted to weigh a drop of 150 basis points, according to the minutes of last month’s meeting, when the bank lowered borrowing costs by a percentage point to 7.25%. Some board members said lowering rates by more than a percentage point risked fueling volatility.
https://finance.yahoo.com/news/chile-central-bank-keeps-option-124031998.html
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