Chile’s central bank President Rosanna Costa said plans to extend one of the world’s biggest rate-cutting cycles remain intact as policymakers have already incorporated new global risks into their outlook. The bank’s message is that borrowing costs will fall further and the size of cuts will be decided each meeting, Rosanna Costa said in an interview on Saturday during the International Monetary Fund’s Spring meetings in Washington. The institution’s projections are cautious and already consider threats including higher transportation costs and US rate cuts beginning only toward end-2024.
https://finance.yahoo.com/news/chile-central-bank-president-sees-165507342.html
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