Chile
Growth and Adjustment in Chile-A Look at the 1990s
A Working Paper from the Central Bank of Chile published March 2003 provides a thorough review of the post-1998 slowdown in economic growth in Chile. The paper is jointly authored by the newly named president of the Banco Central De Chile Vittorio Corbo.
Chile's new central bank chief tough but popular
The newly appointed president of Chile's central bank Vittorio Corbo has said the tight grip on inflation will be maintained as he takes office. Corbo is reported to joke, in the Reuters report, that markets rally every time U.S. Federal Reserve Chairman…
Chile appoints Corbo as new central bank president
Vittorio Corbo has been named the new president of the central bank of Chile, reports Reuters. The decision made by Chilean President Ricardo Lagos comes after Corbo's appointment to the Board of the central bank in early April.
Chilean Senate approves new Central Bank director
Chile's senate has approved the appointment of Vittorio Corbo to the board of directors of the Central Bank of Chile, according to a Reuters report. President Ricardo Lagos is widely expected to name him as the new central bank chief shortly.
Chilean scandal prompts resignation of regulator
The head of Chile's financial regulator has resigned, according to the Wall Street Journal, following the scandal involving the leakage of information from the computer of the Central Bank President.
Vittorio Corbo new Chile cb board member
The president of Chile, Ricardo Lagos, has named Vittorio Corbo as a new board member of the central bank of Chile, Reuters reports. Corbo will take Carlos Massad's place on the Bank's board. Massad resigned as president of the central bank earlier this…
Chile's central bank president Massad resigns
The president of the central bank of Chile, Carlos Massad, tendered his resignation on Monday March 31 , according to Reuters. The move comes two months after Mr Massad's secretary was arrested for selling market-sensitive information to Inverlink, a…
Special judge probes Chile central bank case
A Chilean court assigned a special judge Tuesday to probe the theft of confidential economic data from the central bank in a scandal that has shocked the financial community.
Chile central bank espionage case denied
Chilean financial group Inverlink denied in a written statement on Monday any responsibility for the alleged theft of sensitive central bank information by its former CEO Enzo Bertinelli.
Olson on the importance of market structure
SPEECH - In the speech 'The Importance of Market Structure' Mark Olson of the Federal Reserve said the consolidation of banks and other types of financial institutions was one of the most notable features of the international financial landscape over the…
Chile keeps key rates on hold at 3 percent
CHILE - Chile's central bank said on Thursday it had kept key interest rates on hold at an all-time low of 3.00 percent at a meeting of its monetary policy committee.
Central Bank of Chile - Annual Report 2001
ANNUAL REPORT - The Central Bank of Chile has published its Annual Report for the year ended 2001.
Chile's central bank cuts rates by 75 points
CHILE - Chile's central bank said on Thursday it cut interest rates by 75 basis points to 3.25 percent in a further attempt to stimulate sluggish consumer spending.
Chile central bank cuts rates 75 bp to 4.75%
CHILE - Chile's Central Bank lowered its benchmark monetary policy lending rate 75 basis points to a nominal 4.75% at a monthly policy making meeting Tuesday.
Central Banker of the Year
ARTICLE - The Banker magazine published in London has awarded Mugur Isarescu, Governor of the Central Bank of Romania the title, Central Banker of the Year. Three other governors from the Philippines, Chile and Botswana won regional titles.
Morand leaves Chile's central bank
CHILE - After five years at Chile's Central Bank, Felipe Morand will leave as head of studies at the end of the year for a visiting post at Stanford University.
Speech by Felipe Morande of Chile's central bank
SPEECH - Felipe Morande the research director of Chile's central bank gave a speech on 10 October.
Chile central bank sees '01 growth less than 3.7%'
CHILE - Felipe Morande, the Chilean central bank's research director, said in a speech on Wednesday 10 October that the bank sees the country's gross domestic product growing "less than 3.7%" in 2001.
Chile cen bank intervenes to prop up peso
CHILE - The Chilean Central Bank intervened in the currency market today, 31 August, selling millions of dollars to defend the peso for the second time this week, traders said.
Chile banks may soon pay interest on checking acc
CHILE - Banks might soon offer interest-bearing checking accounts to clients in Chile, after Central Bank President Carlos Massad on 28 August publicly invited the country's leading bank trade association to join in studying the matter.
Chilean economy minister leaves post for bank seat
CHILE - Chile's Economy Minister Jose de Gregorio announced late on 18 June that he will step down from his post in order to seek congressional approval to join the Central Bank's five-member monetary policymaking board.
Chile central bank eliminates 'encaje' rule
CHILE - Chile's Central Bank on Apr 16 eliminated its "encaje" rule, which requires foreign investors to deposit an amount equivalent to a percentage of their investments with the central bank at no interest.
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.
Chile and NZ advise on Indonesian central bank law
The central bank governors of Chile and New Zealand will arrive on April 4 to join two Indonesian experts in the discussion on how to amend Indonesia's central bank law.