Fri, 14 Mar 2014 12:45:34 GMT
Chile reduces interest rates for fourth time in six months
The central bank of Chile has cut the interest rates to 4%, which is the fourth time in half year time. The economy in Chile has advanced 1.4% in January, thus still having the slowest economic growth in four years, after the destructive earthquake in year 2010. Despite the slow slow growth at the beginning of the year, the policy