Chile Holds Rates as Protests Portend Months of Uncertainty

(Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. Chile kept its benchmark interest rate unchanged as the worst social unrest in decades clouds the outlook for economic growth and saps demand for the peso.The bank board, led by Mario Marcel, voted unanimously to keep borrowing costs steady at 1.75% Wednesday, as forecast by all 24 analysts surveyed by Bloomberg.Since October, Chile has been in the grips of a social revolt