Chile’s central bank is set to hold off on an anticipated interest rate cut as the government balks at the cost of subsidizing fuel, threatening to unleash the full impact of soaring energy prices on the local economy.
Introduction
Chile’s central bank is set to hold off on an anticipated interest rate cut as the government balks at the cost of subsidizing fuel, threatening to unleash the full impact of soaring energy prices on the local economy.
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Read more: Chile Set to Hold Rates as Oil Surges