Chile central bank considered both hold and hike in Nov - minutes

viernes 27 de noviembre de 2015 07:50 GYT
 

SANTIAGO Nov 27 (Reuters) - Chile's central bank considered hiking interest rates at its November policy meeting but policymakers agreed unanimously to keep the rate at 3.25 percent to ensure stimulus withdrawal was gradual, minutes from the meeting showed on Friday.

The bank had hiked the rate in October for the first time in a year, by 25 basis points, and has said that a further reduction of monetary stimulus is likely over the next few months.

November's minutes showed all the bank's board agreed that recent macroeconomic variables were in line with its forecasts. (Reporting by Gram Slattery; Editing by Catherine Evans)