Chile raises interest rates by 1.5% to 5.5%. https://www.bloomberg.com/news/articles/2022-01-26/chile-surprises-markets-with-150-basis-point-interest-rate-hike?sref=qLOW1ygh A month ago, it increased rates by 1.25%. Rates have now  doubled within 35 days, moving from 2.75% to 5.5%.This has also driven the Chilean Peso higher by 10% within the past month. Although, this was also a move by the Chilean central bank playing catch-up … Continue reading Chilean Interest Rates Have Doubled