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Chile | The CB kept the policy rate on hold at 3% and maintained the neutral bias

Published on Thursday, May 14, 2015 | Updated on Sunday, July 15, 2018

Chile | The CB kept the policy rate on hold at 3% and maintained the neutral bias

The communiqué highlighted an assessment of still weak economic activity, while annual inflation figures remain above the tolerance range. In this regard, we maintain our expectation that inflation will retreat to levels around 2.9%YoY at the end of this year. In this context, our expectation consider no changes in the policy rate during this year.

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