Central Bank of Chile Monetary Policy Rate Decision
This is the Central Bank of Chile’s decision on its main interest rate. The rate influences borrowing costs across the Chilean economy and is used to help keep inflation near the bank’s target.
Overview
At its Monetary Policy Meeting, the Board of the Central Bank of Chile sets the Monetary Policy Rate, known in Spanish as the Tasa de Política Monetaria. The decision reflects the bank’s assessment of inflation, inflation expectations, domestic activity, financial conditions and the external environment. The supplied 2026-07-28 occurrence matches the official July 27-28, 2026 Monetary Policy Meeting, with the statement scheduled for release at 18:00 Chile time on the second day.
Why traders watch it
Traders watch this decision because unexpected changes in the policy rate or policy tone can affect Chilean peso exchange rates, local bond yields and expectations for future monetary policy.
How to interpret the result
A higher-than-expected rate or more inflation-focused tone may be interpreted as tighter policy than markets expected. A lower-than-expected rate or more growth-supportive tone may be interpreted as easier policy than expected.