Chile lowers rates by 25bp to 4.5%
Central bank makes second cut of 2025 as inflation nears 3% target
The Central Bank of Chile (BCCh) has lowered its policy rate by 25 basis points to 4.5%, as inflation slows towards the bank’s 3% target.
The BCCh said in a statement on December 16 that its board had voted for the decision unanimously. The cut was its second this year, after it had eased policy in July.
Non-mining GDP growth in the third quarter had been in line with forecasts, the bank said, with services performing particularly well. However, total GDP growth was affected by weak performance in
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