Chile Delivers Hawkish Interest Rate Cut That Raises Odds of a Pause to Easing
Source: Live Mint (Bloomberg) — Chile’s central bank cut its key interest rate by a quarter point for the third meeting and delivered a stern warning on short-term inflation challenges, raising the odds of a coming pause to its easing cycle. Policymakers led by Rosanna Costa voted unanimously to lower borrowing costs to 5% late…