Chile Central Bank Boss Says Inflation Is Within Expectations

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Banco Central De Chile,Rosanna Costa,El Mercurio

(Bloomberg) -- Chile’s inflation has been in line with central bank expectations even after it accelerated more than analyst forecasts last month, Banco...

-- Chile’s inflation has been in line with central bank expectations even after it accelerated more than analyst forecasts last month, Banco Central de Chile Governor Rosanna Costa said.Ice Cube’s Big3 Basketball League Sells Its First Team in $10 Million Deal

Chile’s consumer prices rose by 0.5% last month, surpassing the estimates from analysts surveyed by Bloomberg and taking the annual inflation rate to 4% from 3.7%.Costa said the central bank’s strategy seeks to provide stability to the economy in the next two years to avoid sharp interest rate cuts. The monetary authority has lowered borrowing costs by 475 basis points since July, to 6.5%.

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Banco Central De Chile Rosanna Costa El Mercurio

 

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