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Chile central bank maintains interest rate at 0.5%

Chile’s central bank held its benchmark interest rate steady at 0.5% on Tuesday, as expected by the market as the country suffers its most painful weeks so far of the coronavirus outbreak. The world’s No. 1 copper producer has kept its interest rate steady since successive cuts up until late March, when it warned of a “severe” economic contraction as a result of the virus spread. (Reporting by Aislinn Laing Editing by Chris Reese) Our Standards:The Thomson Reuters Trust Principles.0 : 0narrow-browser-and-phonemedium-browser-and-portrait-tabletlandscape-tabletmedium-wide-browserwide-browser-and-largermedium-browser-and-landscape-tabletmedium-wide-browser-and-largerabove-phoneportrait-tablet-and-aboveabove-portrait-tabletlandscape-tablet-and-abovelandscape-tablet-and-medium-wide-browserportrait-tablet-and-belowlandscape-tablet-and-belowAppsNewslettersAdvertise with UsAdvertising GuidelinesCookiesTerms of UsePrivacyAll quotes delayed a minimum of 15 minutes. 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