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Chile's Central Bank Lowers Interest Rate
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Overview
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Chile's central bank reduces benchmark interest rate to 8.25% due to lower inflation and weaker peso, signaling potential further cuts to reach 3% target.
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How does this rate cut align with other central banks' monetary policies in the region?
How might the lower interest rate impact borrowing costs and investment in Chile?
What factors could influence the central bank's decision to further cut the interest rate?
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