Chile Central Bank Trims Interest Rate to 6.5%

Yesterday, the Central Bank of Chile made a unanimous move to trim the Monetary Policy Rate (MPR) from 7.25% down to 6.5%. This step reflects a worldwide dip in inflation, despite mounting costs. The authority also hinted at further cuts in the near term. In July last year, the Bank initiated its first MPR reduction […]

Leave a Reply

Your email address will not be published. Required fields are marked *