Bloomberg Business

Chile Keeps Rates at Two-Decade High, Retains Cautious Tone

(Bloomberg) — Chile’s central bank kept its benchmark interest rate unchanged at the highest level in more than two decades, while reiterating that borrowing costs wouldn’t fall until a slowdown in inflation was consolidated.

Visa, Mastercard See Card Spending Slow as Inflation Persists

Visa Inc. and Mastercard Inc. saw purchase volumes on their cards climb less than expected in the final three months of the year, a sign that historic levels of inflation have begun to put a damper on consumer spending.

Close Bitnami banner
Bitnami