Chile Central Bank Holds Key Rate at 4.5% and Sees More Balanced Inflation Risks (opens original article in a new tab)

Chile's central bank maintained its key interest rate at 4.5% for the fourth straight meeting as economic activity worsened but fuel price shocks remained contained

• Chile's central bank held benchmark interest rate at 4.5% for fourth consecutive meeting
• Consumer prices rose 0.2% in May with annual inflation slowing to 3.9%
• US-Iran agreement reduced oil and gas costs, affecting Chile's fuel-import-dependent economy
• Economic activity grew 0.1% in April after Q1 GDP contraction