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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.
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.
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.
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.
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.
Marcel warns Chile has the fourth-worst deterioration in growth in 2026
The former Central Bank president called the slowdown extraordinary and said the 2027 Budget does very little for employment.
Bank derivatives tied to foreign interest rates rise 161.8% in September
The increase coincides with the deadline set by the Superintendency of Pensions for pension fund administrators to reduce their excess swap positions, although the report does not link the two.
ECLAC cuts its growth forecast for Chile in 2026 to 0.2%
The United Nations body places Chile alongside Bolivia as South America's slowest-growing economy, with a rebound to 2.2% in 2027.
Former pension fund executive on Fund E: "Greed won out over responsibility"
Pension fund managers face disciplinary proceedings, criminal complaints and a united Congress after US$7,700 million in paper losses in the most conservative fund.
Kast to make Enade debut with focus on growth, jobs and security
The President will reaffirm his targets of 6% unemployment and 4% growth before business leaders at his first meeting with them as president.
Dollar closes at $993.5 and economists see it possibly topping $1,000 this year
The Chilean peso is the second most depreciated currency of 2026, behind only the Turkish lira, due to copper, the global dollar and interest rates.
Joaquín Cortez, the former head of the Financial Market Commission now investigating the seven pension fund administrators
The Superintendent of Pensions was a manager at Provida and chaired the Financial Market Commission; he now faces a 10.39% decline in Fund E and a summons from the Chamber of Deputies.
Chile's economy set to grow 0.7% in 2026 as public debt reaches 42.7% of GDP
Unemployment above 9%, oil near US$100 and the dollar close to $1,000 weigh on the end of the year, though analysts expect a rebound in 2027.
Mario Marcel joins UDP and criticizes the Chile Takes Off employment plan
The former finance minister will teach at UDP starting in November and argues that the 2027 Budget does very little for employment.