Chile c bank hints at further interest rate drop

- Central Banking staff
- 07 Nov 2003

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Chile's central bank said Thursday it did not rule out further cuts to its historically low interest rates in an effort to further encourage the economic recovery. Despite low interest rates, inflation has remained under control and even fallen more than expected.

Source: Reuters

Chile's central bank said on Thursday it did not rule out the possibility of maintaining or even cutting interest rates, which are already at historic lows, to encourage economic recovery.

"I wouldn't rule out that we

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