智利央行在7月会议上一致决定将基准利率下调25个基点至4.75%,理由是全球持续存在不确定性和国内信号喜忧参半。虽然以色列-伊朗冲突已经结束,但军事紧张局势依然存在,美国对巴西和铜等国征收了新的关税,引发了全球贸易担忧。尽管有这些发展,国际金融市场反应温和,智利经济继续与6月份货币政策报告中的预测保持一致。6月份的通货膨胀率低于预期,整体CPI环比下降0.4%,但核心通货膨胀率保持平稳。在国内,消费和投资有所增长,但劳动力市场创造的就业机会疲软,失业率上升。该行重申了其在两年内将通胀率引导至3%目标的承诺,这表明其对未来利率决策采取了灵活的方法。
The Central Bank of Chile cut its benchmark interest rate by 25 basis points to 4.75% in a unanimous decision during its July meeting, citing persistent global uncertainty and mixed domestic signals. While the Israel-Iran conflict has ended, military tensions linger, and the US has introduced new tariffs, including on Brazil and copper, raising global trade concerns. Despite these developments, international financial markets have reacted mildly, and Chile’s economy continues to align with projections in the June Monetary Policy Report. Inflation came in lower than expected in June, with headline CPI falling 0.4% month-on-month, though core inflation remained flat. Domestically, consumption and investment have grown, but the labor market shows weak job creation and a rising unemployment rate. The Bank reaffirmed its commitment to guiding inflation toward the 3% target over a two-year horizon, signaling a flexible approach to future rate decisions.