Banco Central de Chile with a 75bp rate cut.

  • a 100 bp cut was the consensus expected
  • cites falling inflation, was 6.5% in July, down from 7.6% in June (peaked just over 14% in August 2022) ...
  • "The macroeconomic scenario has evolved as anticipated, projecting that inflation will converge to the 3% target in the second part of 2024"
chile 06 September 2023