Chile Monetary Policy


Central Bank stays put

At its 14 June policy meeting, the Central Bank left the policy rate unchanged at 5.00% for a fifth consecutive month, in a decision widely expected by the market. In its statement, the Bank expressed its concerns over the increased volatility in global markets and rising financial tensions in the Eurozone. The Bank noted that economic activity is performing in line with its trend and the labour market remains tight. In addition, monetary authorities stated that inflation is around 3.0%, and inflation expectations remain around the Bank


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Chile Monetary Policy Chart

Chile Monetary Policy May 2012

Note: Monetary Policy Rate (TMP, Tasa de Politica Monetaria) in %.
Source: Chile Central Bank (BCC).

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