May 14 2021, 4:47 PM
May 14 2021, 3:41 AM
May 14 2021, 4:47 PM
(Bloomberg) -- Chileâs central bank held its benchmark interest rate at a record low and said borrowing costs would stay at that level as long as needed for the economic recovery to strengthen.
(Bloomberg) -- Chileâs central bank held its benchmark interest rate at a record low and said borrowing costs would stay at that level as long as needed for the economic recovery to strengthen.
The bank board, led by its President Mario Marcel, kept the overnight rate at 0.5% on Thursday. In an accompanying statement, policy makers wrote that economic prospects have improved.