Chile central bank holds key rate steady, says future cuts possible
SANTIAGO May 15 (Reuters) - Chile's central bank kept its key interest rate on hold at 4.0 percent for a second consecutive month on Thursday, as expected, after a recent spike in consumer prices pushed annual inflation above the bank's tolerance range.
The bank reiterated in its post-meeting statement that it will consider future rate cuts depending on the evolution of domestic and external macroeconomic conditions and implications on the inflation outlook. (Reporting by Santiago bureau)
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