Peru Central Bank Keeps Interest Rate Steady at 4.25%
Peru kept its key rate at 4.25% as inflation stays above the target range. Officials expect price growth to hit 2% by 2027 as global supply shocks dissipate.
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The Central Reserve Bank of Peru held its benchmark interest rate at 4.25% for the eighth consecutive time on Thursday. The decision aligns with market expectations as the bank navigates inflation levels that remain above its official target. Maintaining these borrowing costs signals a cautious approach to stabilizing the economy amid volatile energy prices and regional political uncertainty.
