11 de septiembre de 2014 / 21:19 / en 3 años

Chile's central bank cut benchmark interest rate to 3.25 pct

SANTIAGO, Sept 11 (Reuters) - Chile’s central bank cut its key interest rate 25 basis points to 3.25 percent on Thursday, as expected, continuing with its easing cycle as it looks to boost a flagging economy.

The bank had previously reduced the benchmark rate six times, by a total of 150 basis points, since October.

It maintained its easing bias, but adjusted the wording slightly, saying: “The board will consider the convenience of introducing further monetary stimulus in line with the evolution of domestic and external macroeconomic conditions and its implications on the inflationary outlook.” (Reporting by Santiago bureau; Editing by Chris Reese)

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