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Sunday, May 26, 2024

Chile's Central Bank lowers monetary policy interest rates

 Chile's Central Bank decided to lower the monetary policy interest rate (TPM) from 6.5 to 6% and forecast additional cutbacks in the coming months. “Inflation has continued to decline, although at a moderate pace due to the high persistence of the services components,” the Central Bank's Board argued in its unanimous rationale given the annual price index 3.5% variation amid a downward trend.

https://en.mercopress.com/2024/05/24/chile-s-central-bank-lowers-monetary-policy-interest-rates

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