Chile’s Central Bank Holds Rates Steady but Reveals It Nearly Cut

2026-02-04 - 19:45

Key Points Chile’s Central Bank unanimously held rates at 4.5% in January but minutes reveal a 25-basis-point cut was seriously considered Inflation has fallen faster than expected to 3.4%, with the 3% target now expected by early 2026 Markets anticipate a rate cut in March, just weeks after President-elect José Antonio Kast takes office Chile’s