Chile cenbank sees economy recovering after third quarter

Chile's economic growth likely hit bottom in the third quarter and should pick up pace moderately and gradually during the final three months of 2014, central bank President Rodrigo Vergara said on Thursday.

Chile’s Growth Beats Forecasts After Vergara Calls for Calm

Chile’s economy expanded more than analysts expected in July, while wages grew at the fastest in five years, sparking the biggest rally in the peso since May.

Chile Keeps Rates on Hold as Prices Rise Fastest in Five Years

Chile’s central bank kept borrowing costs unchanged for the second straight month as the inflation rate reached a five-year high and economic growth a near five-year low.

Chile Central Bank Signals Possible Rate Cuts Before Year-End

Chilean central bank President Rodrigo Vergara said policy makers don’t have to wait for a slowdown in consumer spending before cutting rates, a day after a report showed retail sales soaring.

Chile Says Cuts Are Possible as Peru Keeps Key Rate Unchanged

Chile and Peru kept their key interest rates unchanged yesterday as the Andean neighbors weigh whether new stimulus measures are needed to stave off an economic deceleration.

Chilean Economy Grew Faster-Than-Forecast 5.5% in November

Chile´s economy grew 5.5 percent in November from the year before, beating estimates made by analysts on gains in the service, mining and retail industries.