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Chile's central bank holds its benchmark interest rate at 5%, in line with expectations....

Chile's central bank holds its benchmark interest rate at 5%, in line with expectations. Analysts had been expecting no change due to increasing inflation pressures in the region. In February, the inflation rate hit 4.4% on a 12-month basis, the central bank's inflation target is nearer to 3%, plus or minus one percentage point.
Comments (1)
  • wyostocks
    , contributor
    Comments (7628) | Send Message
     
    Are the Chilean inflation calculations as phony as the American calculations?
    15 Mar 2012, 06:04 PM Reply Like
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