Saturday, January 15, 2011

Central Bank of Chile Holds Key Policy Rate at 3.25%

The Central Bank of Chile maintained its main monetary policy reference rate at 3.25% in a slight pause on its path to monetary policy normalisation. Chile saw inflation of 3% in December, which is in line with the Bank's policy objectives, but as there remains some upside risks to inflation the Bank could commence tightening again soon.

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