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Banco Central de Chile · Monetary policy rate

Chile · CLP · Policy rate

The Banco Central de Chile’s Monetary policy rate is 4.50 %, last changed on 17 Dec 2025 when it was cut by 25 bp from 4.75 %.

4.50 %

Last change
cut −25 bp·
Previous rate
4.75 %
Next decision
Latest observation
Source
BIS

4.50 % ·

18 Sep 20210.0011.25 %18 Sep 2026

Recent decisions

DateRateChange
4.50 %−25 bp
4.75 %−25 bp
5.00 %−25 bp
5.25 %−25 bp
5.50 %−25 bp
5.75 %−25 bp
6.00 %−50 bp
6.50 %−75 bp
7.25 %−100 bp

Changes are dated by when they took effect; holds by the announcement day. We do not track this bank’s meeting calendar, so only changes are listed.

BCCh website

At a glance

Economy
Chile
Currency
CLP
Type
Policy rate
Set by
Banco Central de Chile
History since
1997
Changes in the last 12 months
1

Questions and answers

What is the current Banco Central de Chile interest rate?
The Banco Central de Chile’s Monetary policy rate is 4.50 %, last changed on 17 Dec 2025 when it was cut by 25 bp from 4.75 %.
When did the Banco Central de Chile last change its rate?
On 17 Dec 2025, when the Monetary policy rate was cut by 25 bp to 4.50 % from 4.75 %.
When is the next Banco Central de Chile rate decision?
The bank does not publish a decision calendar that we track.

All changes since 2017

DateRateChange
4.50 %−25 bp
4.75 %−25 bp
5.00 %−25 bp
5.25 %−25 bp
5.50 %−25 bp
5.75 %−25 bp
6.00 %−50 bp
6.50 %−75 bp
7.25 %−100 bp
8.25 %−75 bp
9.00 %−50 bp
9.50 %−75 bp
10.25 %−100 bp
11.25 %+50 bp
10.75 %+100 bp
9.75 %+75 bp
9.00 %+75 bp
8.25 %+125 bp
7.00 %+150 bp
5.50 %+150 bp
4.00 %+125 bp
2.75 %+125 bp
1.50 %+75 bp
0.75 %+25 bp
0.50 %−50 bp
1.00 %−75 bp
1.75 %−25 bp
2.00 %−50 bp
2.50 %−50 bp
3.00 %+25 bp
2.75 %+25 bp
2.50 %−25 bp
2.75 %−25 bp
3.00 %−25 bp
3.25 %−25 bp

Dates before 2021 are month precision (monthly BIS data).

Other rates in South America

Source: BIS central bank policy rates. Latest observation 15 Sep 2026. Refreshed every 30 minutes.