Matthew Malinowski

Chile’s central bank cut its key interest rate by a quarter-point for the second straight meeting as policymakers try to support economic growth without exacerbating inflationary woes.

El Banco Central de Chile recortó su tasa de política monetaria en un cuarto de punto por segunda reunión consecutiva, una medida que busca el equilibrio entre estimular la economía y evitar problemas inflacionarios a corto plazo.

Chileans are demanding stricter immigration controls much more than neighbors in other Latin American nations, according to a new poll, as an influx of newcomers upends politics in one of the region’s richest economies.

Chileans are demanding stricter immigration controls much more than neighbours in other Latin American nations, according to a new poll, as an influx of newcomers upends politics in one of the region's richest economies.

Chileans are demanding stricter immigration controls much more than neighbours in other Latin American nations, according to a new poll, as an influx of newcomers upends politics in one of the region’s richest economies.

Chile’s economic activity unexpectedly contracted for the second straight month in September, damping hopes of a rebound and stoking bets on further interest rate cuts.

La actividad económica de Chile registró en septiembre su mayor caída mensual desde julio de 2022, lo que ha llevado al gobierno a revisar a la baja sus previsiones de crecimiento para este año y ha avivado las apuestas sobre nuevos recortes de las tasas de interés.

Los precios al consumidor en Chile aumentaron mucho de lo previsto debido a la entrada en vigor de un alza de dos dígitos en las tarifas eléctricas, lo que da al banco central más razones para mantener la cautela mientras reduce los costos de endeudamiento.

Chile’s consumer prices rose much than expected last month as a double-digit electricity rate hike kicked in, giving the central bank more reason to remain cautious as it cuts borrowing costs.

Matthew Malinowski 2 min read (Bloomberg) -- Chile's consumer prices rose more than expected in October as electricity costs jumped