Chilean minutes reveal positive developments

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Minutes from the board of the Bank of Chile's September monetary policy meeting, released on October 3, reveal improved view regarding external impacts on domestic demand, but remain cautious of unsustainable growth.

The board members voted unanimously to maintain the benchmark interest rate at 5%, the eighth consecutive time they have done so. One member explained this decision as maintaining the rates "neutrality" in complex conditions.

All members agreed on the positive effects of eurozone

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