SANTIAGO: Chile's central bank is expected to keep its benchmark interest rate on hold at its current 3.0 percent through the following 11 months, scaling back expectations, according to the median response of 61 analysts and economists surveyed by the bank in a poll released on Friday.

In the bank's prior monthly poll of analysts and economists, released on June 10, those surveyed said they expected a rate hike to 3.25 percent in 11 months.

The polling took place between July 3 and 9.

Copyright Reuters, 2015