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KM Financial Solutions | UPDATE 2-Chile’s central bank slashes interest rate to 1%, FinMin warns of ‘powerful, transitory’ coronavirus impact
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UPDATE 2-Chile’s central bank slashes interest rate to 1%, FinMin warns of ‘powerful, transitory’ coronavirus impact

15 Mar UPDATE 2-Chile’s central bank slashes interest rate to 1%, FinMin warns of ‘powerful, transitory’ coronavirus impact

Posted at 18:51h in News by
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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.”

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