Chile’s Annual Inflation Hit Nearly Six-Year Low Before Iran War


Chile central bankers are bracing for the price impact from military attacks in Iran and surrounding countries, which have led to a drop in the peso, more expensive fuel and soaring global uncertainty. Policymakers had previously signaled plans to lower borrowing costs to 4.25% from 4.5% currently, boosting bets of a cut at their March 24 meeting. Still, the rapidly changing international economy is prompting more caution even as inflation runs below the 3% target.



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