MercoPress. South Atlantic News Agency

Chile's Central Bank keeps basic interest rate unchanged

Chile's Central Bank unanimously decided Tuesday to keep the Monetary Policy Rate at 5%, aligning with market expectations. The bank highlighted increased global uncertainty due to U.S. tariffs under Donald Trump and geopolitical conflicts, given “uncertainty about the outlook for the global economy has increased considerably since the previous meeting, particularly following the tariff announcements made by the United States in early April and subsequent developments,” which have negatively impacted perceptions of global growth. Read full article