Rates round-up: Peru, Poland and Serbia tighten policy

National Bank of Poland entrance and sign
Photo: Andrzej Barabasz (Chepry)

Peru: The Central Reserve Bank of Peru raised its policy rate by 50 basis points on June 9, bringing the reference rate to 5.5%. The BCRP began raising rates last August, and this month’s increase is the eleventh consecutive hike.

In its press statement, the BCRP’s board cited a modest increase in year-on-year headline inflation between April and May, from 8% to 8.1%. Core inflation rose to 4.3%, up from 3.8% in April.

The BCRP maintains an inflation target range of 1–3%. Inflation was last

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

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