Another interest rate cut still likely in Peru

Interest rates in Peru were left unchanged at 3.50% last night but, with economic growth still weak and inflation likely to fall back into target in the coming months, we are comfortable with our forecast for at least one more 25bp rate cut in the current easing cycle. What’s more, we expect rates to remain significantly below consensus expectations over 2015-16.


Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.