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Published on Thursday, August 13, 2015 | Updated on Sunday, July 15, 2018

Chile | The central bank keeps the policy rate at 3% and subscribes high inflation

The central bank kept the policy rate on hold at 3% and maintained the neutral bias, as widely expected. The communiqué highlighted the Board’s assessment of still weak economic activity, while annual inflation figures will remain above 4% YoY for a longer period due to sharper currency depreciation.