Chilean policy-makers grow concerned over inflation
The Central Bank of Chile's board members admitted it "would take a while longer" for inflation to return to target as they voted to cut the key policy rate for the first time in 18 months.
Year-on-year CPI inflation has hovered below the central bank's 3% target since July 2012, and despite a resurgence in the past few months, it currently stands at just 2%.
Minutes from the board's October meeting show the central bank has grown more concerned about inflation prospects. Board members pointed
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