The decision by Chile’s central bank to leave its policy interest rate unchanged at 0.50% was accompanied by a statement which appeared to unveil a QE programme. The finer details will be fleshed out in the coming days but, along with a recently announced fiscal stimulus, unconventional monetary easing should help to ease some of the headwinds to activity.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.