The Central Bank left the policy rate unchanged at 5.00% at its 15 March policy meeting, following a similar move in February. The decision was widely expected by the market, as strong domestic demand gives the Bank room to take a precautionary halt to monitor the evolution of the European debt crisis. The Bank noted that economic activity has outperformed the forecasts set out in its latest Monetary Policy Report. In addition, the Bank stated that ?short term inflation expectations have risen, but remain around the target over the projection horizon.? The next policy meeting is scheduled for 17 April.
Chile Monetary Policy
Central Bank stays put
March 15, 2012
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Chile Economic News
October 12, 2016
In September, the Adimark GfK consumer confidence index (IPEC, Índice de Percepción de la Economía) rose slightly, inching up from August’s record-low of 31.5 points to 33.4 points.
October 7, 2016
In September, consumer prices rose 0.2% over the previous month, which came in above August’s flat reading.
October 6, 2016
In Q3, the mood among Chilean businesses improved and reached the highest level in a year.
October 5, 2016
For a third consecutive month, the mood among Chilean businesses improved in September after it had fallen to the lowest level in over seven years in June.
October 5, 2016
In August, economic activity rose 2.5% over the same month last year, according to the monthly indicator for economic activity (IMACEC).