Chile central bank unanimous in leaving rates unchanged -minutes

By Kitco News / January 02, 2018 / www.kitco.com / Article Link

SANTIAGO, Jan 2 (Reuters) - Chilean central bank policymakers decided unanimously to leave the benchmark interest rate unchanged at 2.5 percent in December but the committee considered a 25-basis-point cut, minutes of that month's meeting showed on Tuesday.

In its last meeting of 2017, policymakers cited a "a fragile recovery" of the economy in justifying their decision.

Chilean inflation has risen more slowly than anticipated in recent months, leading the central bank to leave open the possibility of increased stimulus.


(Reporting by Dave Sherwood; editing by John Stonestreet)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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