Mexico holds rates again, while Peru cuts

Peruvian board says inflation is falling faster, while Banxico predicts more gradual disinflation

Banxico’s García on reserve risks: inflation, market volatility and war
Bank of Mexico
Alfonso21 via Wikimedia Commons

The central banks of Mexico and Peru both continued their current monetary policy stances, respectively holding and cutting their key rates. 

The Bank of Mexico (Banxico), held its policy rate at 11.25% for a fifth consecutive meeting on December 14. The Central Reserve Bank of Peru (BCRP) continued a programme of 25 basis point cuts on the same day, lowering its key rate to 6.75%.

Mexican board unanimous

The Mexican central bank’s five-member board unanimously backed the decision to keep the rate

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

.