September 14, 2017 / 9:19 PM / a year ago

Chile central bank holds interest rate at 2.5 percent

SANTIAGO, Sept 14 (Reuters) - Chile’s central bank held the benchmark interest rate at 2.5 percent on Thursday, in line with market expectations, and said inflation had a downward bias in the short term.

The monetary authority said it would remain attentive to variances from its base case scenario of inflation converging at 3 percent over a two-year time horizon. The bank brought its last easing cycle to an end in May and has held the rate steady since then. (Reporting by Santiago bureau; Writing by Luc Cohen; editing by Diane Craft)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below