latamrefCountriesChile › Tasa de Política Monetaria (TPM)

Chile policy interest rate

Banco Central de Chile Tasa de Política Monetaria (Monetary Policy Rate), set at each Reunión de Política Monetaria (RPM).

Current value4.5 percent
In force from2025-12-16
Official sourceBanco Central de Chile — Comunicado RPM junio 2026 (mantiene TPM en 4,5%, decisión unánime)
Last verified2026-07-15
Verificationprimary — No verification limitation recorded — read from the official source cited.
Provenancesource fingerprint

What this value means

Cut 25bps to 4.5% at the December 2025 RPM (16 Dec 2025) — the lowest level in nearly four years — then held unanimously at the January (27 Jan), March (24 Mar), April (28 Apr) and June (16 Jun 2026) meetings. The Board states the future path will be evaluated meeting by meeting. Next RPM: 27-28 July 2026, per the 2026 monetary policy calendar (bcentral.cl).

Earlier values

FromValueSource
2018-01-022.5Bank for International Settlements - Central Bank Policy Rat
2018-10-192.75Bank for International Settlements - Central Bank Policy Rat
2019-01-313Bank for International Settlements - Central Bank Policy Rat
2019-06-102.5Bank for International Settlements - Central Bank Policy Rat
2019-09-042Bank for International Settlements - Central Bank Policy Rat
2019-10-241.75Bank for International Settlements - Central Bank Policy Rat
2020-03-171Bank for International Settlements - Central Bank Policy Rat
2020-04-010.5Bank for International Settlements - Central Bank Policy Rat
2021-07-150.75Bank for International Settlements - Central Bank Policy Rat
2021-09-011.5Bank for International Settlements - Central Bank Policy Rat
2021-10-142.75Bank for International Settlements - Central Bank Policy Rat
2021-12-154Bank for International Settlements - Central Bank Policy Rat

Get it programmatically

curl https://latamref.dev/v1/cl/policy-rate
# $0.001 per call — x402 on Base (USDC). No key, no signup.
# History:    curl https://latamref.dev/v1/cl/policy-rate/history?from=2020-01-01
# Provenance: curl https://latamref.dev/provenance/cl/policy-rate

Other Chile series: VAT rate · minimum wage · public holidays · inflation rate (CPI) · corporate tax rate · income tax rates