Chile's Central Bank Signals It May Be Done After Tuesday's Rate Cut, Says Scotiabank
BY MT Newswires | ECONOMIC | 12/17/25 09:42 AM EST09:42 AM EST, 12/17/2025 (MT Newswires) -- Chile's central bank (BCCh) cut rates 25bps to 4.50% late Wednesday as widely expected, said Scotiabank.
The vote was unanimous, noted the bank.
BCCh's quarterly monetary policy report (MPR) upgraded the growth outlook with 2025 at 2.4%, 2026 at 2%-3% from 1.75%-2.775%, and left 2027 unchanged at 1.5%-2.5%.
The MPR raised the 2026 inflation outlook to 3.2% from 3%. Inflation is "foreseen to reach its 3% target during the first quarter of 2026."
At 4.5%, the overnight rate is barely within the estimated 3.5% to 4.5% neutral rate range, pointed out Scotiabank.
MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.
Print
