Chile Central Bank Head Says Interest Rate Hike Coming This Year

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  • Bloomberg Markets and Finance published this video item, entitled “Chile Central Bank Head Says Interest Rate Hike Coming This Year” – below is their description.

    Jun.11 — Chile’s economy is more resilient to coronavirus lockdowns than last year and their impact on activity will be mild, central bank President Mario Marcel said on “Bloomberg Markets: The Close.” He also says an interest rate hike is coming this year.

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    In This Story: Chile

    Chile, officially the Republic of Chile, is a country in western South America. It occupies a long, narrow strip of land between the Andes to the east and the Pacific Ocean to the west. Chile covers an area of 756,096 square kilometres (291,930 sq mi) and has a population of 17.5 million as of 2017. The capital and largest city is Santiago and the national language is Spanish.

    Chile borders Peru to the north, Bolivia to the northeast, Argentina to the east, and the Drake Passage in the far south. Chilean territory includes the Pacific islands of Juan Fernández, Isla Salas y Gómez, Desventuradas, and Easter Island in Oceania. Chile also claims about 1,250,000 square kilometres (480,000 sq mi) of Antarctica under the Chilean Antarctic Territory.

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