Tuesday , 22 August 2017

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Peru central bank hikes key interest rate for second month

The central bank of Peru hiked its benchmark interest rate to 4% on Thursday as expected, making it the second hike in a row, as it fights to keep inflation expectations from rising further. Eight of 14 economists surveyed by Reuters had predicted the 25 basis-point increase after inflation surprised on the upside for a third straight month in December and private forecasts for 2016 inflation crept higher.
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Peru central bank hikes key interest rate for second month Reviewed by on . The central bank of Peru hiked its benchmark interest rate to 4% on Thursday as expected, making it the second hike in a row, as it fights to keep inflation exp The central bank of Peru hiked its benchmark interest rate to 4% on Thursday as expected, making it the second hike in a row, as it fights to keep inflation exp Rating:
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