Chile seen holding rate at 5pc this week

SANTIAGO: Chile's central bank is seen holding its key rate at 5 percent at this week's policy meeting and it is seen at the same level in 11 months' time, the bank's latest monthly poll of analysts showed on Monday.

On inflation, the poll's expectations were that consumer prices would rise 0.5 percent in March, after an unexpected 0.4 percent jump in February reinforced bets the bank on Thursday will hold rates for a second month running after a surprise cut in January.