Tag: monetary policy interest rate (TPM)

• Friday, May 24th 2024 - 21:21 UTC

  Chile's Central Bank lowers monetary policy interest rates

  

  Chile's Central Bank decided to lower the monetary policy interest rate (TPM) from 6.5 to 6% and forecast additional cutbacks in the coming months. “Inflation has continued to decline, although at a moderate pace due to the high persistence of the services components,” the Central Bank's Board argued in its unanimous rationale given the annual price index 3.5% variation amid a downward trend.