Peru Holds Rate Steady, Sees Further Decline In Inflation
The central bank of Peru held its benchmark interest steady at 4.25 percent, as expected, saying the deviation in inflation from its target range was due to temporary supply side factors in a domestic environment where growth is close to potential and an external environment that is “highly uncertain.” The Central Reserve [...]
The central bank of Peru held its benchmark interest steady at 4.25 percent, as expected, saying the deviation in inflation from its target range was due to temporary supply side factors in a domestic environment where growth is close to potential and an external environment that is “highly uncertain.”
The Central Reserve Bank of Peru (BCRP), which has held interest rates steady since April 2001, also said inflation, which again fell in October due to a … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards