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Peru Surprisingly Cuts Rate, Shrugging Off Core Inflation Worry

Peru unexpectedly cut its benchmark interest rate Thursday, shrugging off concern that core inflation remains stubbornly high and that the economy is already growing faster than expected without the need of monetary policy support.


  • Aug 09 2024
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Peru Surprisingly Cuts Rate, Shrugging Off Core Inflation Worry
Peru Surprisingly Cuts Rate, Shrugging Off Core Inflation Worry
(Bloomberg) — Peru unexpectedly cut its benchmark interest rate Thursday, shrugging off concern that core inflation remains stubbornly high and that the economy is already growing faster than expected without the need of monetary policy support.  Read More

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