Tag: benchmark interest rate

• Wednesday, January 29th 2025 - 09:56 UTC

  Chile's Central Bank keeps benchmark interest rate at 5%

  

  Chile's Central Bank Council unanimously voted Tuesday in favor of keeping the monetary policy interest rate (TPM) at 5% for the second month in a row amid high volatility in global financial markets after the recent change of government in the United States. Tuesday's decision halted a downward trend that had been going on for months.

• Thursday, April 12th 2018 - 08:59 UTC

  Argentina central bank keeps benchmark interest rate at 27.75%

  

  Argentina’s central bank held its benchmark interest rate at 27.25% this week, the monetary authority said in a statement, noting that high-frequency indicators suggested core inflation would remain high in April, but below March’s levels.

• Saturday, November 22nd 2014 - 06:00 UTC

  World markets celebrate after China cuts benchmark interest rates

  

  China's central bank on Friday unexpectedly cut benchmark interest rates for the first time in more than two years, as authorities seek to prop up flagging growth in the world's second-largest economy.

• Thursday, September 6th 2012 - 03:59 UTC

  ‘Copper insulated’ Chilean economy outperforming and Peso becoming too strong

  

  The Chilean central bank raised its forecast for economic growth this year to between 4.75% and 5.25% (from 4% to 5%), adding that it expects GDP to expand 4% to 5% in 2013.

• Saturday, September 17th 2011 - 02:50 UTC

  Chile leaves benchmark rate unchanged, but warns about tight labor market

  

  Chile’s central bank kept its benchmark interest rate unchanged this week for the third straight month and indicated that a tight labor market may prevent it from following Brazil and cutting rates next month.