US EditionChile Central Bank Cuts Key Rate to 4.5% as Inflation Risks Ease
7 Articles
7 Articles
It was what the market expected and the Central Bank decided not to surprise. In unanimous decision, the board of the governing body lowered the Monetary Policy Rate (MPR) by 25 basis points and placed it at 4.5%. This is the lowest level since January 2022 when it was placed at 4%. In one of its main messages, the BC notes that “inflation has fallen faster than projected in September, in a local and global economic environment somewhat better t…
"Inflation has fallen faster than projected in September, in a local and global economic environment somewhat better than expected," he said in a statement
According to what was published on the Central Bank’s web platform, at its Monetary Policy Meeting, the Council of the issuing entity agreed to reduce the interest rate of monetary policy by 25 basis points, to 4.5%. The decision was adopted by the unanimity of its members. Likewise, it is indicated that the global panorama shows a somewhat greater external impulse for the Chilean economy. During the third quarter, the activity of the main tradi…
Through a statement, the issuing entity noted that “the global panorama shows a somewhat greater external impulse for the Chilean economy. During the third quarter, the activity of the main trading partners would have grown more than expected.”
The decision was adopted this afternoon by unanimity of the members. ...
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