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Tuesday, June 18, 2024

Chile Central Bank Likely to Tap the Brakes on Pace of Interest Rate Cuts

 

Chile’s central bank will likely slow the pace of its interest rate cuts for the third straight meeting as policymakers mull the impact of coming electricity hikes on an inflation outlook that’s remained at target. Thirteen of 19 economists in a Bloomberg survey expect the bank to lower rates by a quarter-point to 5.75% late Tuesday. 

https://www.bloomberg.com/news/articles/2024-06-18/chile-likely-to-tap-the-brakes-on-rate-cut-pace

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