Yale School of Management

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Chile’s Central Bank Injects Liquidity in Financial Markets

December 10, 2020
In March, the central bank of Chile (CBC) cut interest rates twice from 1.75% to 0.5% and unveiled a series of liquidity measures to “ensure the normal functioning of credit markets and the effective transmission of the increased monetary stimulus.” The CBC expanded its exceptional measures in June by an additional 10% of GDP. The current CBC liquidity injection represents 20% of GDP. Continue reading “Chile’s Central Bank Injects Liquidity in Financial Markets”