Tag: Central Bank of Chile

• Monday, December 12th 2011 - 04:40 UTC

  Chile names Harvard-educated economist as new Central bank president

  

  Chile named this week member of the board and Harvard-educated Rodrigo Vergara Montes as the new President of the Central bank replacing outgoing Jose De Gregorio. President Sebastian Piñera still has to name the fifth member of the board.

• Wednesday, April 13th 2011 - 17:06 UTC

  Chile raises basic rate to 4.5%, but more on the pipeline says Capital Economics

  

  The Central Bank of Chile (CBC) hiked interest rates by 50bps to 4.5% on Wednesday but with the near-term outlook for growth very good and inflation likely to top 5% in Q4, further policy tightening is on the way, reports Capital Economics that estimates rates to reach 6% by year-end.

• Friday, February 18th 2011 - 15:45 UTC

  Chile hikes rates but faces dilemma of imbalances and Peso appreciation

  

  The Central Bank of Chile (CBC) hiked interest rates by 25bps to 3.5% on Thursday night targeting growing economic imbalances and the threat of higher inflation, reports Capital Economics latest update.