智利央行在2025年6月的会议上一致决定将货币政策利率稳定在5%。这一决定是在一个复杂的全球环境中做出的,其特征是持续的贸易紧张局势、美国经济增长放缓以及中东冲突带来的地缘政治风险加剧。虽然金融市场有所稳定,铜价有所上涨,但随着最近战争的升级,油价飙升。在国内,第一季度的经济活动超出预期,这得益于出口和有弹性的服务业,尽管劳动力市场仍然疲软,创造就业机会缓慢,失业率上升。通货膨胀有所缓和,5月份整体和核心CPI分别降至4.4%和3.6%,中期预期稳定在3%。央行指出,尽管风险有所缓解,但全球不确定性仍可能扰乱通胀趋同。展望未来,政策制定者表示,如果预测成立,利率可能会在未来几个季度逐渐回到中性区间。
The Central Bank of Chile unanimously decided to keep the monetary policy rate steady at 5% at its June 2025 meeting. The decision came amid a complex global environment marked by persistent trade tensions, slowing US growth, and heightened geopolitical risks from the Middle East conflict. While financial markets have somewhat stabilized and copper prices have risen, oil prices surged following the recent escalation of war. Domestically, first-quarter economic activity exceeded expectations, driven by exports and resilient services, though the labor market remains weak with slow job creation and rising unemployment. Inflation has moderated, with headline and core CPI easing to 4.4% and 3.6% in May, and medium-term expectations anchored at 3%. The central bank noted that despite easing risks, global uncertainty may still disrupt inflation convergence. Looking ahead, policymakers signaled that if projections hold, the rate may gradually return to neutral range in the coming quarters.