Chile Central Bank Holds Rate at 4.5% for Two Years, Inflation Seen at 3.7%

Experts surveyed expect the Central Bank of Chile to keep its key interest rate at 4.5% through October and for the next two years, indicating a prolonged hold. Consumer prices are forecast to rise 0.5% in October, with 12-month inflation at 3.7%, slightly above the central bank's 3% target. The extended hold suggests a stable but slightly elevated inflation outlook, with no imminent policy shift.

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