Edition October 30, 2026

Chile reviews its monetary policy outlook

Chile's central bank describes a slower domestic economy despite resilient global activity supported by AI investment.

Chile entered the shock with inflation close to its target and no substantial macroeconomic imbalances. Supply disruptions coincided with a weaker labour market, falling confidence and softer consumption and investment, leading to another growth downgrade. The bank expects a later recovery in investment, supported in part by reconstruction legislation and high copper prices.

This summary is based on the available full source text. Summary prepared with AI assistance. The original source is authoritative.