UPDATE 2-Chile’s central bank slashes interest rate to 1%, FinMin warns of ‘powerful, transitory’ coronavirus impact
Chile´s central bank said on
Monday it would cut its interest rate to 1% from 1.75% in an
extraordinary measure motivated by the global coronavirus
outbreak as its finance minister warned the impact on the Latin
nation would be “powerful but transitory.”
Monday it would cut its interest rate to 1% from 1.75% in an
extraordinary measure motivated by the global coronavirus
outbreak as its finance minister warned the impact on the Latin
nation would be “powerful but transitory.”
Posted by Reuters
