Chile maintains interest rate at 11.25% after eleven consecutive hikes
The Central Bank of Chile kept the monetary policy interest rate (TPM) at 11.25 percent after eleven consecutive hikes to...
December 7, 2022Topic
Central Bank Chile
Chilean economy grows 3.7% in June 2022, lowest monthly growth rate since early 2021
Chile's economy grew 3.7 percent year-on-year in June, the lowest monthly growth rate since the beginning of 2021, the Central...
August 2, 2022
Inflation in Chile rises 0.3% in February and 7.8% cumulatively in 12 months
Inflation in Chile registered a monthly increase of 0.3% in February, due to a rise in food and non-alcoholic beverages,...
March 8, 2022
Chile’s Central Bank president says extent of capital outflows is comparable to 2009 financial crisis
Despite the recovery of the economy in 2021, risks remain, according to the president of the Central Bank, Mario Marcel,...
November 3, 2021
Chile Central Bank decides largest interest rate hike in 20 years due to inflationary pressures
The Central Bank of Chile announced an increase in its benchmark interest rate to 2.75% per annum from 1.50%, the...
October 13, 2021
OECD projects 6.7% economic growth for Chile in 2021
The Organization for Economic Co-operation and Development (OECD) estimated on Monday in a report a 6.7% growth of Chile's economy...
May 31, 2021
Anticipating Year of Social Instability, Chile Plans to Boost Foreign Reserves
Chile’s peso tumbled on Wednesday, January 13th, starting the year in a volatile fashion as many had forecast. The currency...
January 14, 2021
Chile’s Central Bank Says Economy Will Shrink More Than Expected in 2020
Chile’s central bank on Wednesday said the economy of the world’s top copper producer would contract by 5.75% to 6.25%...
December 9, 2020 Chile Central Bank Keeps Benchmark Interest Rate Unchanged at 0.5 Percent
Chile’s central bank held its benchmark interest rate steady at 0.5% on Monday, in line with expectations, as policymakers continue...
December 7, 2020