Chile Brings Forward Rate Decision as Social Unrest Hits Economy
- Central bank will hold rate-setting meeting on Dec. 4
- Monetary policy report to be presented the following day
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Chile’s central bank will hold its next monetary policy decision two days earlier than scheduled in a bid to provide “timely information” about the country’s economic situation following weeks of social unrest.
Policy makers will make the rate decision on Dec. 4 and present their quarterly monetary policy report, known as the IPOM, the next day at 8:30 a.m. local time, according to an emailed statement. Previously, the rate decision was scheduled for Dec. 6 and the IPOM for Dec. 9.