Chile's central bank has cut its benchmark rate to 5.5%, from 5.75%

Banco Central de Chile rate cut

  • Bank says the decision was unanimous
  • says cut to neutral level will be faster than projected
  • lower risk of more medium-term inflation persistency

The Chilean central bank has a 3% inflation target

chile monetary policy 04 September 2024 2

This above screenshot from the Bank is not yet reflecting today's cut.

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