trending Market Intelligence /marketintelligence/en/news-insights/trending/Iv4p95zP1tZ6yJ7n9WFsLw2 content esgSubNav
In This List

Peru holds key rate at 2.25% on downward inflation bias

Blog

Post-webinar Q&A: Speed and Scalability – Automation in Credit Risk Modeling

Case Study

A Chinese Bank Takes Steps to Minimize Risks as it Supports International Trade

Blog

Middle East Africa MA by the Numbers: Q3 2021

Blog

Banking Essentials Newsletter: November Edition 2021 - Part 2


Peru holds key rate at 2.25% on downward inflation bias

Banco Central de Reserva del Perú maintained its benchmark monetary policy rate at 2.25% on the heels of lower risks from global trade tensions and a downtrend in inflation.

The central bank predicted yearly inflation to be at around 2.0% over the forecast horizon, noting its inflation projection has a "moderate downside bias" due to the possibility of lower-than-expected growth in demand.

According to Bloomberg News, the rate is at its lowest level since 2010. The central bank last cut the key rate to 2.25% from 2.50% in November.