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Analysts expect Chile central bank to hold rates.

Global Banking News-13 January 2010-Analysts expect Chile central bank to hold rates(C)2010 ENPublishing - http://www.enpublishing.co.uk

Global Banking News - 13 January 2010(c)2005 - Electronic News Publishing - http://www.enpublishing.co.uk

The central bank of Chile is expected to hold rates at its next monetary policy meeting.

The bank is expected to hold its interest rates after cutting it by 775 basis points in the January to July period in 2009.

In order to stimulate the economy, the central bank has been keeping the benchmark rate at 0.5%. Recent hints from the bank also show that it would be keeping its rates steady.

[Editorial queries for this story should be sent to gbn@enpublishing.co.uk]

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Publication:Global Banking News (GBN)
Date:Jan 13, 2010
Words:130
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