Published on Monday, April 11, 2011 | Updated on Sunday, July 15, 2018
MPR May: Central Bank sends strong message of commitment to inflation target by raising monetary policy rate by 50 bps
Summary
In a surprise for the market, which was largely expecting a reduction in the pace of monetary policy rate (MPR) hikes by 25 bps, the Central Bank sends a strong signal of commitment to the inflation target by raising the MPR by 50 bps to 5%.
Geographies
- Geography Tags
- Latin America
Topics
- Topic Tags
- Macroeconomic Analysis
- Central Banks
Documents and files
Authors
BR
BBVA Research
BBVA Research