Chile's central bank holds interest rate at 3 pct

jueves 11 de junio de 2015 17:04 GYT
 

SANTIAGO, June 11 (Reuters) - Chile's central bank held the benchmark interest rate at 3.0 percent on Thursday, as expected, maintaining its neutral bias.

The bank cut the interest rate 200 basis points between October 2013 and October 2014 to stimulate a flagging economy, but signs of a nascent recovery and persistently high inflation has since stayed its hand. (Reporting by Santiago bureau; Editing by Chris Reese)