December 7, 2011
Peru’s central bank is expected to hold its benchmark rate at 4.25% at the
Peru’s central bank is expected to hold its benchmark rate at 4.25% at the policy meeting today. Though 12-month inflation numbers are above-target, concerns about stalling global growth appear to outweigh fears of domestic overheating. "The central bank seems committed to keep interest rates unchanged despite higher headline inflation,” says RBS, which is among the shops forecasting a continued pause.