Chile lifts key rate to 5.25%, as expected

LOS ANGELES (MarketWatch) -- Chile's central bank Tuesday evening raised the country's benchmark interest rate to 5.25%, or by a quarter-percentage point, meeting the expectations of analysts polled by Dow Jones Newswires. Monetary policy makers at each of their previous three meetings this year have raised the key rate by a half-percentage point. Inflation on a 12-month basis currently stands ...