Chile’s central bank sets benchmark interest rate at 4.75% (previously 4.75%)

Chile’s central bank sets benchmark interest rate at 4.75% (previously 4.75%)

• Says trajectory for core inflation expected higher over the next 12 months than projected in June

Chile’s central bank sets benchmark interest rate at 4.75% (previously 4.75%)

• Says decision was unanimous
• External Panorama still affected by uncertainty related to trade tensions and their effect on global economy
• Says risk of further persistent inflation requires more information before continuing process of convergence of rate to its neutral range
• Says trajectory for core inflation expected higher over the next 12 months than projected in June