Peru’s central bank expected to tighten policy – BBH

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Dec 8, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    FXStreet (Edinburgh) - In the view of the research team at BBH, the central bank of Peru is seen hiking rates by 25 bp at its meeting on Thursday.

    Key Quotes

    Peru’s central bank meets Thursday and is expected to hike rates 25 bp to 3.75%. The last move was a 25 bp hike to 3.5% back in September”.

    “The bank has signaled a cautious pace of tightening, but the 25 bp per quarter may have to be accelerated after CPI rose sharply to 4.2% y/y in November, furthest above the 1-3% target range for this cycle”.
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