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Chile central bank weighed only a rate hold in April -minutes
April 26, 2013 / 11:41 AM / 4 years ago

Chile central bank weighed only a rate hold in April -minutes

SANTIAGO, April 26 (Reuters) - Chile’s central bank considered only keeping its key lending rate on hold this month, as it weighed external economic risks against strong but slower local growth, the minutes of April’s monetary policy meeting showed on Friday.

All five members of the bank’s governing board voted to keep the rate steady at 5 percent on April 11, where it has been held since a surprise cut in January 2012.

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