Central Bank of Chile
Markets Cheered by News of 15-Point U.S. Peace Plan to End Middle East War
March 25, 2026
So far, Iran shows little sign of deescalating, and the all-import Strait of Hormuz remains effectively shut to shipping traffic. Nevertheless, as of 08:15 EDT, the dollar had risen overnight by 0.5% against the Australian dollar, 0.3% relative to the kiwi, 0.2% versus the yen and Canadian currency, and 0.1% vis-a-vis the euro, Swiss franc, […] More
A Very Busy Three Days Ahead
October 29, 2025
The final three days of October are full of events that financial markets are following closely: A slew of companies are reporting 3Q earnings, including META, Alphabet, Microsoft, Caterpillar, UBS, CVS, Starbucks, ADP and Verizon. Nvidia beat expectations, sending its stock up 5% overnight thus far. Ahead of the FOMC interest rate announcement today, President […] More
Central Banks and Inflation Data in the Forefront this Wednesday
June 18, 2025
The Federal Reserve’s interest rate announcement, updated forecasts and press conference due this afternoon are not the only central bank dog-and-pony shows for investors to absorb. They already have learned of unchanged interest rates in Indonesia, Chile and Georgia, as well as a 25-basis point rate reduction by officials at the Swedish Riksbank. The Federal […] More
Little Resolution to a Variety of Uncertainties Afflicting Investor Decisions
March 24, 2025
(199) The dollar hardly moved against most other major currencies, sliding 0.2% against the Swiss franc, Mexican peso, Australian dollar and sterling, holding flat versus the Canadian dollar, but rising 0.2% relative to the South Korean won and New Zealand dollar. Bigger gains of 0.4% and 0.6% occurred overnight against the Japanese yen and Turkish […] More
Chilean Interest Rate Cut
September 4, 2024
The Central Bank of Chile announced its ninth interest rate reduction since July 2023. The latest cut of 25 basis points to 5.5% follows 250 basis points of easing during the first half of this year preceded by 300 basis points of cuts in the second half of 2023. Continuing rate reductions have been made […] More
Financial Market Risk Aversion Persisting
September 4, 2024
Equity markets slumped today by 4.5% in Taiwan, 4.2% in Japan, 3.2% in South Korea, 1.1% in Singapore and Hong Kong, and 0.7% in China. Major European stock markets are down around 0.5-1.0%, and U.S. futures point to a further decline, led by the tech sector. Nvdia, for instance, shows a pre-market slide of 2.1%. […] More
Smaller Chilean Central Bank Rate Cut
June 19, 2024
The Central Bank of Chile’s policy interest rate was reduced by a further 25 basis points. This cut was smaller in size than the three earlier easings in 2024 that had totaled 225 basis points. Those moves followed ones during the second half of last year totaling three percentage points from a peak of 11.25% […] More
Central Bank of Chile Cuts Rate
April 3, 2024
The Central Bank of Chile has reduced its policy interest rate by a further 75 basis points, matching analyst expectations. There has previously been cuts of 100 basis points in January and 300 bps in the second half of 2023 from a peak of 11.25% maintained from November 2022 until July 2023. By contrast during […] More
Central Bank Rate Cuts in Brazil and Chile of 50 Basis Points and 100 Basis Points
January 31, 2024
A short list of central bank interest changes during January up to the 30th had included Israel, Peru, Kazakhstan and Turkey, but four other joined the club on the final day of the month. Cuts of 50 basis points at the National Bank of Georgia and 25 bps at the Central Bank of Colombia have […] More
Dollar Strengthens Marginally Further
October 27, 2023
A statement from the Central Bank of Chile justifying a smaller interest rate reduction after today’s scheduled meeting ties a nice bow around the interconnection of the surprisingly resilient U.S. economy, the hawkish Fed stance, geopolitical danger, elevated long-term interest rates, dollar appreciation, and the vulnerability of share prices and developing country currencies. The main […] More
