CHILE: Central Bank Raises Benchmark Interest Rate... To 3.5%.

BLOOMBERG/ R.Woods/

   As expected, Chile's central bank has raised its benchmark interest rate by 25 basis points to 3.5%
    In 2010, South America’s fifth-largest economy grew at the fastest pace since 2005 and may grow by 6.5 percent in 2011 as the price of copper continues to surge.