Chile's Central Bank holds rate at 4.5% and warns of greater inflation risks

FinanceInternationalBioBioChileOct 27, 2026, 5:12 PM35 s readAI summary

Chile's Central Bank Council unanimously decided to keep the Monetary Policy Rate at 4.5% at its October meeting. The institution warned that inflation risks have increased significantly due to higher energy and food prices, amid geopolitical tensions in the Middle East and an unusually intense El Niño phenomenon. International oil prices rose about 25% since September and annual inflation reached 4.1% that month. The August Imacec fell 1% year-on-year, mainly due to mining.

In 35 seconds

Chile's Central Bank unanimously kept the policy rate at 4.5% at its October meeting.
The Council said inflation risks have increased significantly due to energy and food prices.
International oil rose about 25% since September and annual inflation reached 4.1% that month.

Read the full story at BioBioChile

IASummary generated by artificial intelligence from a story by BioBioChile. It may contain errors: the original source prevails.

Banco Central de Chile
tasa de interés
inflación
política monetaria
Chile

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Chile's Central Bank holds rate at 4.5% and warns of greater inflation risks

In 35 seconds

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Keep reading

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