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Peru unexpectedly cut its benchmark interest rate Thursday, shrugging off concern that core inflation remains stubbornly high and that the economy is already growing faster than expected without ...
This leaves the benchmark rate for the country at 5.25%, among the lowest in all of Latin America. The cut comes as Peru experiences significant economic growth, primarily driven by a surge in natural ...
Peru’s GDP is predicted to increase by 4% this year, making it the second fastest-growing country in Latin America behind Argentina, according to a Reuters report.
LIMA (Reuters) - Peru's central bank trimmed its benchmark interest rate by 25 basis points to settle at 4.75% on Thursday, surprising analysts who expected the country's monetary authority to ...
(Bloomberg) — Peru will likely lower borrowing costs after a surprise hold last month and as inflation continues to hover around the center of the central bank’s target range. Policymakers led by ...
Federal Reserve policymakers are meeting for the second time this year, with markets overwhelmingly expecting them to leave rates unchanged in March, though cuts could be coming soon.
LIMA (Reuters) - Peru's central bank expects that the Andean nation's economy will grow 3.1% this year and a further 3.0% in 2025, it said in a report on Friday, maintaining expectations for a ...
Peru left interest rates unchanged on Thursday as policymakers try to gauge the inflationary impact of global trade wars.
Top strategist David Kelly warns of the hidden dangers of a jumbo-sized rate cut after the Fed's recent decision.
What to know about a possible rate cut this week Investors widely expect the Fed to cut interest rates at a meeting on Wednesday.
Peru Surprisingly Cuts Rate, Shrugging Off Core Inflation Worry Peru unexpectedly cut its benchmark interest rate Thursday, shrugging off concern that core inflation remains stubbornly high and that ...