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Published on Friday, March 9, 2018

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Peru | New cut in the monetary policy rate

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Summary

The Board of Directors of the Central Bank (BCRP) agreed in March to lower the reference interest rate of its monetary policy by 25 bps to 2.75%. This result is in line with what the market anticipated (14 of the 18 analysts consulted by Bloomberg expected it, including us).

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Peru

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Peru-Nuevo-recorte-de-la-tasa-de-politica

Spanish - March 9, 2018

Authors

FG

Francisco Grippa BBVA Research - Principal Economist

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