Economic Risks for Banco de Chile Are Decreasing as Inflation Falls and Credit Costs Remain Modest
That said, we do expect Banco de Chile's net interest margins to remain well below their 2022 highs. After hitting a peak of 11.25%, the base rate in Chile has been reduced to 5.25% in October 2024.
Workday's stock drops as cut to subscription-sales outlook gives investors pause
The updated full-year outlook comes as Workday reported fiscal third-quarter subscription revenue that grew 15.8% to $1.96 billion, which was in line with the FactSet analyst consensus. The stock was ...