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Chile Lowers Interest Rate to 6% Amid Economic Shifts
Yesterdfay, the Central Bank of Chile, in a unanimous decision, lowered its Monetary Policy Rate (MPR) from 6.5% to 6%, signaling more cuts may follow. This strategic adjustment stems from both local and global economic conditions. Worldwide, inflation’s decline is gradual, affected by lingering high costs in services. Even as the U.S. maintains a robust […]
Brazil Sees Modest Inflation Increase in November
Brazil’s National Index of Consumer Prices-15 (IPCA-15) showed a slight inflation increase to 0.33% in November. This rate, higher than October’s 0.21%, reflects a mix of economic factors. The Brazilian Institute of Geography and Statistics (IBGE) reported these figures, noting a cumulative annual inflation of 4.30% and a 12-month rate of 4.84%. Food and beverages, […]