Chile cbank cuts key rate for fourth time in 2001

CHILE - Chile's central bank said on Apr 10 it cut its overnight lending rate by 25 basis points to an annualized, inflation-adjusted 3.75 percent, marking its fourth cut in 2001, citing lagging domestic demand and slow world economic growth.

"The board has determined that slow growth in domestic demand and the slowdown in the world economy will keep inflationary pressures under control," it said in a statement after its monthly monetary policy meeting.

The market was divided over whether the c

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