Chile’s central bank sets benchmark interest rate at 4.75% (previously 4.75%)

  • Says trajectory for core inflation expected higher over the next 12 months than projected in June
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Chile’s central bank sets benchmark interest rate at 4.75% (previously 4.75%)

  • Says decision was unanimous
  • External Panorama still affected by uncertainty related to trade tensions and their effect on global economy
  • Says risk of further persistent inflation requires more information before continuing process of convergence of rate to its neutral range
  • Says trajectory for core inflation expected higher over the next 12 months than projected in June

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