Chilean interest rate seen at 0.5% for 12 months, 1.25% in 24 months – traders’ poll

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Chilean interest rate seen at 0.5% for 12 months, 1.25% in 24 months – traders’ poll

Chile’s benchmark interest rate is expected to be kept at 0.5% in January and for the next 12 months, a central bank poll of traders showed on Friday, and rise to 1.25% within 24 months.

Consumer prices are seen 0.47% in January, slightly above previous expectations, and 3% over the next 12 months, within the central bank’s 2%-4% target range.

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