Peruvian Central Bank Rate Cut 25 Basis Points

March 6, 2009

The Central Reserve Bank of Peru reduced its key rate to 6.0% from 6.25% and issued a statement that points to more relief in the future.  Yesterday’s cut followed a similar-sized reduction in February.  Inflation has fallen to a 12-month rate of 5.5%.

Copyright 2009 Larry Greenberg.

ShareThis

This entry was posted on Friday, March 6th, 2009 at 3:14 pm and is filed under Central Bank Watch. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

Comments are closed.

css.php