Chile's central bank holds interest rate at 3.5 pct

jueves 11 de febrero de 2016 17:06 GYT
 

SANTIAGO Feb 11 (Reuters) - Chile's central bank held the benchmark interest rate steady at 3.50 percent on Thursday, as expected, as it weighed the need to cool above-target inflation against weak economic data.

The bank hiked the interest rate in December and held it last month, but has indicated that further hikes are likely.

(Reporting by Santiago bureau; Editing by Marguerita Choy)