Peru cut interest rates to the lowest level among Latin America’s major economies as slower core inflation eased one of the central bank’s top concerns and the economic rebound came to a sudden halt.
The central bank lowered its benchmark rate by a quarter percentage-point to a two-year low of 5.25%, as forecast by 10 out of 13 analysts surveyed by Bloomberg. The other three had expected the bank to hold rates at 5.5%.
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Publish date : 2024-09-12 12:03:00
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