Chile tempers easing, signals interest rate cuts thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.
(Bloomberg) Chile’s central bank slowed the pace of interest rate cuts and left its options open for the size of future reductions, signaling caution in the face of inflation risks from stronger economic activity and a weaker peso.Most Read from BloombergTrump Sues Truth Social Company Co-Founders to Zero Them OutA Million Simulations, One Verdict for US Economy: Debt Danger AheadTrump Media’s Business Doesn’t MatterTrump Got His $175 Million Bond From a Billionaire Fan’s CompanyTesla’s Sales
(Bloomberg) Chilean consumer prices rose more than three times as fast as analysts expected in November, surprising investors ahead of the central bank’s final monetary policy meeting of the year. Swap rates and the peso soared in response.Most Read from BloombergElon Musk's SpaceX Valued at $175 Billion or More in Tender OfferApple Readies New iPads and M3 MacBook Air to Combat Sales SlumpTech Giants Lift Stocks as AI Euphoria Rages On: Markets WrapBiden Moves to Forgive Nearly $5 Billion in
Newly minted CEO Scott Thomson has started culling costs in other areas of the bank, cutting jobs, divesting from stakes in financial services partnerships and letting go of some real estate