Skip to main content

Uruguayan central bank makes second rate increase in a row

Central bank aims to end “expansive” monetary policy and guide inflation to target range

Uruguay

The Central Bank of Uruguay (BCU) raised its policy rate by 25 basis points on October 5, to 5.25%.  

The decision is the BCU’s second rate increase this year, following a 50bp increase in August. The BCU cited both high inflation expectations and economic recuperation in explaining its decision.

The central bank said it detected “the consolidation of economic recovery” and spoke of “continuing with the gradual exit from the most expansive phase of monetary policy”.

It added that, barring

Solo los usuarios que tengan una suscripción de pago o formen parte de una suscripción corporativa pueden imprimir o copiar contenido.

Para acceder a estas opciones, junto con todas las demás ventajas de la suscripción, póngase en contacto con info@centralbanking.com o consulte nuestras opciones de suscripción aquí: subscriptions.centralbanking.com/subscribe

Actualmente no puede copiar este contenido. Póngase en contacto con info@centralbanking.com para obtener más información.

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

Regístrese en Central Banking

Todos los campos son obligatorios, salvo que se indique lo contrario.

Mostrar contraseña
Ocultar contraseña

Most read articles loading...