Central Reserve Bank of Peru

May 11, 2017

Peru’s monetary policy rate was sliced by 25 basis points to 4.0%. The move, according to a released statement, reflected in-target inflation, slower GDP growth that’s below the potential GDP trend, and uncertainty that surrounds the policies of key developed economy governments. The interest rate cut is the first since a 25-basis point reduction in February 2016. There were also 25-bp cuts in January 2016, December 2015, and May 2015.

Copyright 2017, Larry Greenberg. All rights reserved. No secondary distribution without express permission.



Comments are closed.