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Chile's central bank maintained its benchmark interest rate at 4.5% for the fifth consecutive meeting.

Bloomberg ·
Chile's central bank maintained its benchmark interest rate at 4.5% for the fifth consecutive meeting.
  • Chile's central bank left its key interest rate unchanged at 4.5% for the fifth consecutive meeting.
  • The decision is driven by global oil price swings and the fallout from severe winter storms, which are complicating the economic outlook.

Quotes

“kept its key interest rate unchanged for the fifth straight meeting as fresh swings in global oil costs and the fallout of deadly winter storms obscure the economic outlook”— Matthew Malinowski, Bloomberg

Sources