Interest rates to remain flat for longer period of time – Chile minutes
It might be necessary to “postpone” normalisation of monetary policy, latest minutes from Central Bank of Chile show
Minutes from the Central Bank of Chile's latest monetary policy meeting show the board believes it could be necessary to "postpone" the normalisation of monetary policy with respect to predictions that were published in the bank's June inflation report.
During the August meeting, the central bank's research division proposed leaving rates on hold at 3.5% as the only option available to the board – investment remained weak, market expectations for growth were below the bank's internal projections
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