Its rate cut time! Chile’s central bank cuts by 25bp.

Forex Short News

Banco Central de Chile cuts to 4.75%, from 5%

  • as expected
  • vote was unanimous

Chile’s central bank says the evolution of trade tensions and their effects on the global economy

  • In the coming quarters the rate will approach its range of neutral values
  • The board will assess the future movements of the MPR considering the evolution of the macroeconomic scenario and its implications for the convergence of inflation

This article was written by Eamonn Sheridan at investinglive.com.