Paraguay central bank cuts rates on weak growth and inflation

central-bank-of-paraguay-2

The Central Bank of Paraguay reduced interest rates due to weak growth and inflation, the monetary operations executive committee said on July 22.

Rate-setters reduced the policy rate by 25 basis points to 4.5%, stressing trade tensions and looser monetary policies in advanced economies. “In this context, the committee considers there is enough room to provide the economy with a monetary impulse,” says the policy statement.

Officials think this is compatible with attaining the annual inflation

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: