Search news
Filters
Woodford and Hall, 2026 Nobel economics laureates, left their mark on the Central Bank of Chile
The Americans explained how household and business expectations drive inflation and consumption, and both worked with the central bank.
Central Bank names Carla Lagos as head of Corporate Risk Division
The new division head previously led internal auditing at Tanner Banco Digital and has experience in technology and cybersecurity risks.
José de Gregorio calls Chile's economic slowdown surprising
The former minister and former Central Bank president admitted he finds it difficult to explain Chile's current economic performance.
Rodrigo Vergara says he is surprised by the "enormous risk" taken by the AFPs
The former head of the Banco Central rejected the idea that regulation is to blame for the losses in pension funds: "we are all grown-ups".
De Gregorio: higher oil prices alone can't explain Chile's sharp slowdown
The former head of the Banco Central points to falling expectations, the "no hay plata" ("there's no money") message and March's bencinazo, a record jump in gasoline prices, as factors behind the slowdown.
Dollar hovers around $997, reaching levels not seen since April 2025
The Central Bank meeting, oil and derivatives bets explain why the Chilean peso is struggling to regain ground against the dollar.
Banco Central renews swap line with China for five years, worth about US$ 7,500 million
The currency swap line with China's central bank, in place since 2015, serves as a liquidity backstop and does not change reserves unless it is used.
GPM economists urge Central Bank to hold rate at 4.5% this Tuesday
The five GPM economists see a weak economy, but also inflation risks from the dollar near $990 and rising energy prices.
Twenty-seven Central Bank executives earn more than President Kast
The central bank does not publish its employees' individual salaries and justifies the amounts based on their responsibilities and the labor market.
Academic warns diesel, weather and a strong dollar will keep driving up the cost of living in Chile
Nicolás Román, of the Universidad de Los Andes, expects gradual increases in food prices and high interest rates due to a chain of shocks.
Traders expect the Banco Central to hold the rate at 4.5% and raise their CPI forecast
The survey of traders shows that the number expecting a rate hike in January has doubled, and that the dollar would be at $980 in a month.
Banco Central apunta a la automatización como causa persistente del desempleoIn Spanish
Agricultura, transporte, manufactura, comercio y minería son los sectores chilenos con mayor exposición a reemplazar tareas con máquinas.In Spanish
Traders raise one-year inflation expectations to 3.7% but see interest rate holding at 4.5%
The 62 traders surveyed by the Central Bank also raised their dollar forecast to $980, the highest since March 2025.
Dollar reaches $1,000 as University of Santiago academic forecasts higher gasoline prices and a more expensive Christmas
An economist warns that the high exchange rate will drive up the cost of imports, fuel, the UF and even rents in the coming months.
Central Bank decides on interest rate as inflation rises and economy enters recession
With oil near US$117 and the dollar at $995, the Central Bank's board must choose whether to cut, hold or raise its 4.5% interest rate before year-end.
Dollar hits $996 in Chile, driven by Brent crude above US$113
The rise in oil prices after Houthi attacks in Saudi Arabia is weakening the Chilean peso and points to more pressure on fuel and prices.
Experts cut expected investment growth for 2026 to 0.3% and raise it to 5.8% for 2027
Economists surveyed by the Central Bank expect GDP growth of 0.2% this year, inflation of 4.6% and an interest rate held at 4.5% for almost two years.
Central Bank says it has warned for several half-year periods of the risk of a sharp rise in interest rates
The central bank said it had warned in two Financial Stability Reports about pension fund administrators' exposure to foreign interest rate derivatives.
Central Bank warned in May about pension fund managers' interest rate swap bets
Pension fund managers' bets on a drop in US interest rates have left pension funds with losses of US$11,600 million this year.
Chile's IPC rises 0.4% in September, below expectations, and annual inflation stands at 4.1%
Food and transport pushed prices up in September, while insurance and financial services fell, according to the INE.