Tuesday, December 15, 2009
Chile's Central Bank Keeps Interest Rates at Record Lows
As Chile battles its worst bout of deflation since 1934, the country's Central Bank announced today that it would hold benchmark interest rates at record lows, in order to keep the country's economic recovery on track and help provide a boost to inflationary pressures.
Labels:
Chile,
emerging market,
latin america,
south america
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