Chile’s Central Bank Holds at 4.50% on Middle East Oil Shock Risk

Chile’s central bank held its benchmark interest rate at 4.50% in a unanimous decision, with the Banco Central de Chile (BCCh) board citing the worsening Middle East conflict as a key factor weighing on the policy outlook.

Chile’s central bank held its benchmark interest rate at 4.50% in a unanimous decision, with the Banco Central de Chile (BCCh) board citing the worsening Middle East conflict as a key factor weighing on the policy outlook.