Monetary Policy Meetings (MPM)

In this page

  • Calendar of Monetary Policy Meetings

  • Monetary Policy Meetings Press Releases and Minutes

  • Transcripts of the Monetary Policy Meetings

Monetary Policy Meetings are the decision-making instance in which the Board of the Central Bank of Chile sets the level of the Monetary Policy Rate. As of 2018, the number of meetings was reduced to 8 per year (previously 12).

Four of these meetings take place on the working day prior to the publication of the Monetary Policy Report, and on those occasions they last a day. The remaining four meetings last a day and a half. The Board drafts a statement, which is published at 6 p.m. of the day the Meeting takes place, and which informs of the decision taken, the reasons for it, and the vote of each Board Member, and provides guidance on the future trajectory of the Monetary Policy Rate. Eleven working days later, the Minutes of the Meeting are published, a document that reports the main discussions regarding the background information considered, the monetary policy options the Board deemed plausible, and the reasoning and rationale employed in deciding for one of them.

In September, the dates of Monetary Policy Meetings and of the publication of the Monetary Policy Reports and Financial Stability Reports for the next calendar year are announced.

Calendar of Monetary Policy Meetings 2025

Monetary Policy Meetings 2025

  • January 27th and 28th
  • March 21st
  • April 28th and 29th
  • June 17th
  • July 28th and 29th
  • September 9th
  • October 27th and 28th
  • December 16th

Press release

  • Tuesday, January 28th
  • Friday, March 21st
  • Tuesday, April 29th
  • Tuesday, June 17th
  • Tuesday, July 29th
  • Tuesday, September 9th
  • Tuesday, October 28th
  • Tuesday, December 16th

Minute

  • Wednesday, February 12th
  • Monday, April 7th
  • Thursday, May 15th
  • Thursday, July 3rd
  • Wednesday, August 13th
  • Friday, September 26th
  • Thursday, November 13th
  • Monday, January 5th of 2026

Press release and Minute

Transcripts of the Monetary Policy Meetings

In accordance with its policy of institutional transparency, the Bank makes available to the public the transcripts of the Monetary Policy Meetings ten years after each meeting has taken place and according to an annual disclosure criterion, in March of each year.

The content of the published transcripts is transcribed in full, with the exception of those passages or elements that must remain under secret or reserve in accordance with the provisions of Articles 65 bis and 66 of the Constitutional Organic Law governing the Central Bank, in relation to the pertinent norms of Law No. 20,285 on Access to Public Information.