Colombia Holds Key Rate at 4.5% and Slows Dollar Purchases

Colombia’s central bank kept its benchmark interest rate unchanged and slowed its dollar purchase program after economic growth eased and the peso weakened to a six-month low.

Chilean Prices Rise Less Than Forecast as Economy Weakens

Chilean consumer prices rose less than analysts expected in June, slowing annual inflation for the first time in eight months, as the weakest economic growth in four years eased pressure on costs.