Chile: Central bank holds rates, but further cuts to come

Chile’s central bank left its policy interest rate unchanged at 2.50% following its latest MPC meeting, but with inflation set to remain below target and no sign of a turnaround in the economy, we expect rates to fall to 2.00% this year. This is below both consensus and market expectations.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.