Chile to cut rates to 6.5% at next meeting, according to poll

 

Chile's central bank is expected to lower its benchmark interest rate by 75 basis points to 6.5% at its next meeting in April, according to a poll of analysts released by the monetary authority on Tuesday. The Andean country kicked off a monetary easing cycle in July with a larger-than-expected 100-basis-point rate cut. In January, the central bank reduced it by another 100 basis points to 7.25% as the nation's monetary authority saw inflation pressures easing.

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