Chile
Poor institutions hinder fiscal policy
The quality of nations' institutions impacts the effectiveness of fiscal policy, research published by the Central Bank of Chile finds.
Chile's De Gregorio hints at further hikes
Jose de Gregorio, the president of the Central Bank of Chile, warned that its key rate, now at a ten-year high, is likely to become steeper still.
R&D not essential for export success
Innovation does not necessarily boost firms' export performance, finds a new paper from the Central Bank of Chile.
Errors in inflation forecasts
A new paper from the Central Bank of Chile assesses inflation forecasts from the Survey of Professional Forecasters for forecast errors for the period 2000 to 2008.
Chile stands tough on inflation
The Central Bank of Chile raised rates to 7.75%, their highest level since December 1998, and warned that it was likely to hike again.
Some preconditions for inflation targeting
The main macroeconomic preconditions for adopting an inflation-targeting regime are high levels of financial development, GDP per person and trade openness, finds a new paper from the Central Bank of Chile.
Chile hikes by half a point
The Central Bank of Chile on Thursday raised its key rate half a point to 7.25% on the back of a deteriorating inflationary outlook.
Targeting impacts little on inflation expectations
Inflation targeting by Latin American central banks is failing to have the desired effect on economic agents' inflation expectations, research published by the Central Bank of Chile finds.
BIS starts Americas council
The Bank for International Settlements (BIS) has established a forum aimed at facilitating debate between the Basel-based institution and policymakers in the Americas.
Chile keeps rates at six-year high
The Central Bank of Chile held rates at 6.25% for the second month in a row.
Why do central banks make losses?
Financial losses can be very damaging to the reputation and independence of a central bank. Franziska Schobert examines why losses occur.
Chile holds rates at 6.25%
Concern regarding the global outlook has prompted the Central Bank of Chile to leave rates unchanged in spite of concern over inflation.
Chile raises rates
The Central Bank of Chile voted on Thursday to hike rates by 25 basis points to 6.25%.
Chile surprises with decision to hike rates to 6%
The Central Bank of Chile's rate-setting board voted to raise the monetary policy interest rate unexpectedly by 25 basis points to 6% on Thursday.
De Gregorio set to become Chilean governor
Jose de Gregorio, the deputy governor of the Central Bank of Chile will take over from Vittorio Corbio as governor of the central bank later this week, Michelle Bachelet, Chile's president, announced on Monday.
Chile holds rates at 5.75%
The Central Bank of Chile's rate-setting board voted on Tuesday to keep its monetary policy interest rate at 5.75% despite CPI inflation of more than 6%.
Colombia will benefit from free trade with US
Juan Mauricio Ramirez, a vice president of the Private Council of Competitiveness and a former head of the inflation and macroeconomic programming department at the Banco de la Republica, takes issue with Joseph Stiglitz's views on the proposed Free…
Central Bank of Chile - Annual Report 2006
The Chilean economy benefited from a higher-than-expected rise in the price of copper in 2006.
Chile's Corbo highlights main risks
Three phenomena threaten economic stability in Chile, according to Vittorio Corbo, the governor of the central bank.
Does monetary policy impact banking spreads?
The nominalisation of interest rates has led to a breakdown in the relationship between banking spreads and monetary policy in Chile, argues a paper from the central bank.
Chile holds rates at 5.75%
The Central Bank of Chile's policy board voted to keep its benchmark rate at 5.75% despite mounting concern over rising inflation.
World Bank to invest $5 billion in bonds for poor
The World Bank will set up a $5 billion fund to invest in bonds denominated in currencies of poor nations.
Bollard defends monetary policy framework
Alan Bollard, the governor of the Reserve Bank of New Zealand said yesterday that if the central bank were to aim for exchange rate stability the price to be paid would be big swings in interest rates.
Chile raises rate
The Central Bank of Chile decided on Thursday to raise its interest rate by 25 basis points to 5.75%.