Rate Cuts Could Help Stimulate Chile ETF
July 17, 2014 at 09:00 AM EDT
Chile’s central bank will cut its benchmark rates to stimulate the languid economy, potentially lifting the country-related exchange traded fund from its stupor. The iShares MSCI Chile Capped ETF (NYSEArca: ECH) has dipped 0.9% year-to-date. Chile’s central bank cut the benchmark...