Bank of Chile
Central Bank of Chile
October 14, 2021
More central banks have reacted to the rise in inflationary risks. Late Wednesday came news from the Central Bank of Chile of a unanimously agreed greater-than-projected 125-basis point high in its policy interest rate. This move was the third recent hike following increases of 25 basis points in July and 75 bps at the end […] More
Central Bank of Chile
October 16, 2015
Chile’s monetary policy rate was lifted by 25 basis points to 3.25%. This was the first increase since June 2011. In between, the rate had been lowered nine times by 225 basis points in all. The first of those cuts occurred in January 2012, and the last one was done a year ago in October […] More
Bank of Chile and Central Reserve Bank of Peru
May 14, 2015
Chile’s key interest rate was left at 3.0%, its level since a 25-basis point cut last October. That was the sixth reduction in 2014. Although inflation of 4.2% exceeds the 3% target, officials expect such to converge downward on the target and note that expected inflation remains well-anchored. Peru’s central bank rate is 25 basis […] More