Chile central bank keeps interest rate on hold at 3.5 pct

martes 18 de octubre de 2016 17:04 GYT

SANTIAGO Oct 18 (Reuters) - Chile's central bank held its benchmark interest rate steady at 3.5 percent on Tuesday, as expected, and maintained its neutral bias.

The bank has kept the rate on hold since January, though a recent cooling of inflation has caused speculation among analysts and traders that the bank will cut the key rate 25 basis points within the next six months. (Reporting by Santiago newsroom, editing by G Crosse)