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Chile s Central Bank Lowers Monetary Policy Interest Rate To 8 25%

As per the board members of the bank, inflation continues to decline with annual variations in the total and core CPI (Consumer Price Index) standing at 4.8 and 6.0%, respectively. However, the bank

Environmentally concerned Chile unveils first green hydrogen-powered bus

Chile s first intercity bus powered by green hydrogen was launched Wednesday. According to those behind the initiative, these units generate water and heat as their only waste, thus eliminating polluting emissions en route to reducing the carbon footprint, the state agency Corporación de Fomento de la Producción (Corfo) and the company Foton, said.

Chilean market projects economy to fall by 1 % in the second quarter of 2023

Chilean market analysts projected a 1 percent drop in the local economy in the second quarter of 2023, the Central Bank of Chile informed today, Wednesday.

Chilean market projects 0 5% economic decline in 2023

Chilean market analysts projected a 0.5 percent drop in the local economy by the end of 2023, improving their forecasts with respect to the 0.8 percent contraction estimated in the previous month's survey, the Central Bank of Chile informed yesterday Tuesday.

Chile ups TPM to curb inflation

Chile s Central Bank Wednesday announced an increase of 50 basis points to the Monetary Policy Rate (TPM) which has been now set at 11.25% in a unanimous decision by the Board aimed at tackling inflation.

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