Peru continues gradually cutting policy rates

Inflation falling slowly towards target while 2024 promises low growth

Central Reserve Bank of Peru

Peru’s central bank continued a programme of gentle monetary loosening on November 9, unanimously deciding to cut the policy rate by 25 basis points, to 7%.

This is the third monthly meeting to order a 25bp cut. However in its statement, the central bank’s board said the November decision “does not necessarily imply a sequence of interest rate reductions”.

The Central Reserve Bank of Peru raised its policy rate by 750 basis points between the second half of 2021 and January 2023.

Inflation

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

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

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

.