LatinNews Daily - 28 January 2026

*Chile’s central bank (BCCh) has announced it will keep its benchmark interest rate at 4.5%, a decision approved unanimously by board members. The rate has been unchanged since December, when the bank cut the rate by 25 basis points to reach its lowest level in nearly four years, according to Bloomberg. In a statement, the BCCh said both annual headline and core inflation continued to decline in December, to 3.5% and 3.3%, respectively. The BCCh board promised to re-assess the monetary policy again in March, reaffirming its “commitment to conduct monetary policy with flexibility” as it works towards keeping projected inflation at 3% over a two-year horizon.

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