The Andean country's benchmark rate is then expected to drop to 9.25% within five months, before hitting 8.5% in December, according to the survey
PHOTO
SANTIAGO - Chile's central bank is expected to maintain the country's benchmark interest rate at 11.25% at its monetary policy meeting later next week, but would fall to 10.75% in July a central bank poll of analysts suggested on Monday.
The Andean country's benchmark rate is then expected to drop to 9.25% within five months, before hitting 8.5% in December, according to the survey.
Analysts also forecast local consumer prices to rise 0.2% this month.
(Reporting by Natalia Siniawski;)
Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.
