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Further tightening expected in Peru – BBH

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 7, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Analysts at BBH see the Peruvian central bank hiking rates by 25 bp at its meeting this week.

    Key Quotes

    Peru’s central bank meets Thursday and is expected to hike rates 25 bp to 4.5%”.

    “However, with inflation easing back towards the 1-3% target, the central bank may pause its tightening cycle and so we think there is a small chance of a dovish surprise”.

    “It has hiked 25 bp every meeting since December”.
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