Chile central bank says keeping rate unchanged was only option amid global uncertainty, minutes show

ReutersApr 7, 2025 12:52 PM

SANTIAGO, April 7 (Reuters) - Chile's central bank said on Monday that the only plausible option at its March meeting was keeping the benchmark interest rate on hold at 5% due to risks facing the inflationary outlook.

The meeting minutes said that global economic uncertainty has greatly increased amid tariffs and other geopolitical risks, and that the inflationary outlook demands caution.

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