Chile Keeps 0.5% Rate With a Quarter of Country in Lockdown

Chile Keeps 0.5% Rate With a Quarter of Country in Lockdown


Chile Keeps 0.5% Rate With a Quarter of Country in Lockdown
Jan 28 2021, 10:22 PM
January 28 2021, 2:49 AM
January 28 2021, 10:22 PM
(Bloomberg) -- Chile’s central bank held its key interest rate at a record low as expanded lockdowns against the coronavirus deliver a fresh blow to demand and confidence amid a fledgling economic recovery.
(Bloomberg) -- Chile’s central bank held its key interest rate at a record low as expanded lockdowns against the coronavirus deliver a fresh blow to demand and confidence amid a fledgling economic recovery.
The bank’s board, led by its President Mario Marcel, held the overnight rate at 0.5% for the seventh straight meeting on Wednesday, as forecast by analysts. Policy makers also extended a credit facility by six months and expanded it by a further $10 billion.

Related Keywords

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