Latin America Update
Peru: in no rush to follow Brazil’s lead on rates
Peru’s central bank (BCRP) kept its benchmark lending rate at 4.25% last night. While it appears to have dropped its tightening bias, we believe that it is premature to forecast any policy easing over the next few months. As such, we have revised down our year-end interest rate forecast (from 5.0%) and now expect rates to stay on hold at 4.25% into 2012.
Access to the full article is restricted to Capital Economics clients only.
If you are a client, please log in below to view this article.
Not a client?
To become a client, take a FREE Trial to receive information on services available from Capital Economics.
> Find out more
- Latin America Watch
- Latin America Chart Book
- Latin America Update
- Latin America Focus
- Latin America Analyst
- Latin America Rapid Response
Our service includes
- Publications
- Website access
- Seminars & conferences
Capital Economics
The leading macroeconomic research consultancy
The selected article is from our PUBLICATION NAME HERE publication, which is available as part of our SERVICE NAME HERE service.
SERVICE NAME HERE
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nam tortor lacus, fringilla eget vehicula id, sodales at felis. Phasellus porttitor nibh et nisi tempor viverra. Nullam sapien est, varius ut porta vitae, dignissim varius.
> Find out moreSubscribe now
To subscribe to this service, please contact us at our London office on (0)20 7823 5000, our Singapore office on +65 6595 5190 or our Toronto office on +1.416.413.0428. Alternatively please email us at publications@capitaleconomics.com