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LatinNews Daily - 05 September 2019
In brief: Chile’s central bank cuts interest rates and growth forecasts
* Chile’s central bank (BCCh) has slashed the benchmark interest rate by 50 basis points to 2%, the lowest level since 2011, citing decelerating growth rates in various countries and the deepening trade dispute between the US and China. The BCCh also reduced its GDP growth forecast for 2019 to 2.25%-2.75%, down from 2.75%-3.50% in June.
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- In brief: Chile’s central bank cuts interest rates and growth forecasts