LatinNews Daily - 15 January 2010

Chile, Mexico

Regional Statistics 16 January 2010 Modified: 16 January 2010 189 views

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.

End of preview - This article contains approximately 100 words

Subscribers: Log in now to read the full article

Not a Subscriber?

Enquire Now