Chilean minutes show widespread support for holding policy
Board unanimously votes to leave rates on hold
Minutes from the Central Bank of Chile's monetary policy meeting on July 14 show some bank officials are keen not to resume last year's tightening cycle.
The board voted unanimously to keep rates on hold at 3.5%, with one member musing the future path of the rate was more likely to be downwards then up.
Another member noted raising interest rates made "no sense in the current cyclical state of the economy"; however, lowering the rate would be "beyond reason" in a scenario where inflation was
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