LatAm Daily | Surprise hike in the MPR in Peru of 25bp in September
Published on Friday, September 11, 2015
LatAm Daily | Surprise hike in the MPR in Peru of 25bp in September
Summary
The CB unexpectedly raised the MPR to 3.5% due to the risk of de-anchoring inflation expectations; we expect another 25bp hike in the rest of the year. The Colombian economy grew 3% in 2Q15, slightly above the previous quarter; we expect an orderly moderation going forward. Inflation eased in August in Brazil and the COPOM sees it converging to its target in 2016.
Geographies
- Geography Tags
- Latin America
- Mexico
- Brazil
- Colombia
- Peru
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Cecilia Posadas
BBVA Research - Principal Economist
Enestor Dos Santos
BBVA Research - Principal Economist
Jorge Selaive
Juana Téllez
BBVA Research - Chief Economist
Carlos Serrano
BBVA Research - Chief Economist
Hugo Perea
BBVA Research - Chief Economist
Marina Conesa
Documents and files
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