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Showing posts with label Chile's economy. Show all posts
Showing posts with label Chile's economy. Show all posts

Thursday, October 30, 2014

Chile aims to expand cooperation with EU

BERLIN (AP) — Chile's President Michelle Bachelet says she wants to expand cooperation with the European Union, building on a decade-old trade pact.

Wednesday, August 6, 2014

Chile's economy posts weakest monthly growth in over four years

(Reuters) - Chile's economy grew at its slowest pace in more than four years in June, a below-forecast surprise that likely opens the door to more interest rate cuts.

Sunday, June 29, 2014

Chile bank board split over June rate decision, points to future cut

SANTIAGO, June 27 (Reuters) - Chile's central bank board was divided about its decision to keep the key interest rate on hold at 4.0 percent at its June monetary policy meeting, with one of the five members voting for a cut, minutes of that meeting showed on Friday.

Monday, May 26, 2014

Chile economy likely grew 2.5 pct in first quarter - cenbanker

RIO DE JANEIRO, May 16 (Reuters) -Chile's economy likely grew by 2.5 percent in the January-to-March period compared with a year earlier, the country's central bank chief said on Friday at a central bankers' seminar in Rio de Janeiro.

Tuesday, December 31, 2013

Chile economy slows slightly, but consumption, jobs firm

SANTIAGO (Reuters) - Chile's economy showed signs it was continuing to slow slightly in November, with manufacturing output slipping for a fourth straight month, even as consumption and the labor market remained firm.

Friday, August 3, 2012

Chile rejigs criticized tax reform bill in Congress push

Aug 2 (Reuters) - Chile's government on Thursday rejigged a sweeping tax reform bill aimed at helping fund an education overhaul, removing criticized benefits for higher earners as it seeks to help its passage through Congress ahead of key local elections.

Tuesday, June 5, 2012

Mea culpa, economy boost Chile Pinera's approval: poll

SANTIAGO (Reuters) - Embattled Chilean president Sebastian Pinera's approval rating bounced from a record low to 33 percent in May, a poll showed on Monday, boosted by a solid economy and a breather in social protests, though some see a brief respite unlikely to affect governance.

Sunday, April 22, 2012

Chile Finance Minister: 2012 GDP Growth Over 4% Would Be Good For Economy

NEW YORK -(Dow Jones)- Any economic growth over 4% in 2012 would be "very good" for Chile considering the deterioration in the global economy, the country's finance minister said Wednesday.

Thursday, March 22, 2012

Chile's GDP Expanded 6% in 2011

SANTIAGO, Chile—Chile's economy grew at a robust pace last year, picking up speed in the fourth quarter on resilient domestic demand, the central bank reported Monday.

Friday, December 23, 2011

Pinera Says Chile Will Be First Developed Country in Latin America by 2020

Chilean President Sebastian Pinera, who earned his fortune by setting up Chile’s first credit card network and revitalizing Lan Airlines SA, aims to vault his country into the ranks of developed nations by 2020. He talked to Bloomberg Markets magazine editor Ronald Henkoff and Bloomberg News Santiago bureau chief James Attwood on Dec. 6.

Monday, June 6, 2011

Chile growth slows in April, small rate hike seen

SANTIAGO, June 6 (Reuters) - Growth in Chile's economy
slowed to 0.3 percent in April compared to March, the central
bank said on Monday, bolstering views that the bank will raise
its interest rate in June but at a slower pace.

The bank revised upward its IMACEC indicator of economic
activity to 0.6 percent in March against February, originally
reported as a 0.3 percent rise.

Wednesday, May 18, 2011

Chile Economy Grows 9.8%, Most in 15 Years, as Nation Rebuilds After Quake

Chile’s economy expanded the most in 15 years in the first quarter, outpacing other major Latin American economies as consumer spending jumped and manufacturing recovered from the biggest earthquake in half a century.

The economy grew 9.8 percent from a year earlier, the central bank wrote on its website today, matching the median estimate of 14 economists surveyed by Bloomberg.

Thursday, May 12, 2011

Peru, hawkish Chile hike rates in inflation fight

SANTIAGO/LIMA, May 12 (Reuters) - Chile surprised markets
with a third aggressive rate hike on Thursday and Peru kept up
its monetary tightening as the Latin American countries fought
inflation expectations driven by global food and oil prices.

Chile's central bank defied forecasts for a more moderate
hike, raising its benchmark rate 50 basis points to 5.0
percent, its highest level in over two years. It said more
increases would be needed.