trending Market Intelligence /marketintelligence/en/news-insights/trending/Iv4p95zP1tZ6yJ7n9WFsLw2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Peru holds key rate at 2.25% on downward inflation bias

Banking Essentials Newsletter December Edition Part 2

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery


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.