Peru: Central Bank continued easing its monetary policy position
Published on Friday, January 12, 2018 | Updated on Friday, January 12, 2018
Peru: Central Bank continued easing its monetary policy position
Summary
In January, the Central Bank’s Board of Directors agreed to reduce the benchmark interest rate by 25 bps, from 3.25% to 3.00%, in line with what most market analysts anticipated, including us. Going forward, no additional reductions are ruled out.
Geographies
- Geography Tags
- Peru
Topics
- Topic Tags
- Macroeconomic Analysis
- Central Banks
Tags
- Tags
- Inflation
- GDP
- Monetary policy
Authors
Francisco Grippa
BBVA Research - Principal Economist