Tag: Monetary Policy Report (IPoM)

• Wednesday, June 19th 2024 - 19:26 UTC

  Hike in electricity bills burdening Chile's inflation policy

  

  A recent increase in electricity bills has Chile's Central Bank needing to postpone getting the South American country's inflation under control, according to the Monetary Policy Report (IPoM) for June 2024 released Wednesday.

• Friday, May 24th 2024 - 21:21 UTC

  Chile's Central Bank lowers monetary policy interest rates

  

  Chile's Central Bank decided to lower the monetary policy interest rate (TPM) from 6.5 to 6% and forecast additional cutbacks in the coming months. “Inflation has continued to decline, although at a moderate pace due to the high persistence of the services components,” the Central Bank's Board argued in its unanimous rationale given the annual price index 3.5% variation amid a downward trend.