Nicaragua holds rates for fifth consecutive occasion
Central bank expects ‘low and stable’ inflation despite uncertain geopolitical environment
The Central Bank of Nicaragua has held its benchmark interest rate at 5.75% for the fifth consecutive time.
In a statement on June 5, the bank said geopolitical and trade uncertainty continued to impact “international price trends and global supply chains”, and that this could affect the outlook for global growth. It added that the world economy remained on a growth path despite these challenges, though there were signs of “moderation and risks” associated with the global labour market.
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