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LatinNews Daily - 15 January 2010

Chile, Mexico

Chile: The central bank left the benchmark interest rate unchanged at its current record low of 0.5% and indicated that the rate will remain stable until at least the second quarter. The bank cut rates an accumulated 775 basis points between January and July 2009 in an effort to stimulate the domestic economy. End-year consumer price inflation was -1.4% in 2009 and is forecast at 2.5% at end-2010.

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