Traders expect consumer prices to rise by 1% this month
PHOTO
Chile is expected to raise its benchmark interest rate in October to 11.25% from the current 10.75%, a central bank poll of traders showed on Thursday, as the world's top copper producer tries to rein in high inflation.
Traders expect consumer prices to rise by 1% this month.
The Andean country's central bank hiked its benchmark interest rate by 100 basis points at its September meeting. (Reporting by Gabriel Araujo; Editing by Steven Grattan)
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.
