2026.03.2421:00:00UTC+00Chile Holds Benchmark Interest Rate at 4.50% in March Decision

Chile’s central bank kept its benchmark interest rate unchanged at 4.50% in March 2026, maintaining the level set in its previous decision in January 2026. The move signals a pause in the current phase of monetary policy, as policymakers opted not to adjust borrowing costs further for now.

By holding the rate steady at 4.50%, the authority appears to be favoring continuity while it assesses incoming economic data and the impact of earlier policy moves on inflation, growth, and financial conditions. The unchanged stance in March suggests a wait-and-see approach as the outlook for both domestic and global conditions remains under evaluation.

The latest figures, updated as of 24 March 2026, confirm that the benchmark rate has now been maintained at 4.50% across two consecutive decisions, in January and March, underscoring a period of monetary stability for Chile’s economy.