LIMA, Peru—The Central Reserve Bank of Peru cut its reference interest rate on Thursday by a quarter-percentage point amid a slowdown in economic growth. In a statement, the central bank said ...

Peru unexpectedly cut its benchmark interest rate Thursday, shrugging off concern that core inflation remains stubbornly high and that the economy is already growing faster than expected without ...

Peru's central bank again lowered its benchmark interest rate by 25 basis points to 7.00% on Thursday, as the monetary authority in the Andean nation continues to ease borrowing costs in an effort ...

Peru’s central bankers cut the interest rate by 25 base points during their September meeting. This leaves the benchmark rate for the country at 5.25%, among the lowest in all of Latin America. The ...

Peru cut interest rates to the lowest level in a year and a half as inflation slows more than expected and the economy contracts.. The central bank lowered its policy rate to 6.25% from 6.50% on ...

Peru's central bank on Thursday cut its benchmark interest rate by 25 basis points to 7.5% after holding the rate steady for eight straight months, as the monetary authority in the Andean nation ...

Peru's central bank chief said on ... about the local currency's slide against the dollar kept the monetary authority from lowering the benchmark interest rate to boost the flagging economy. ...

(Reuters) -Peru's gross domestic product (GDP) will likely expand by 4% this year and rank as the second-fastest growing economy in Latin America, a senior official told reporters on Monday, as ...

Peru’s inflation is the lowest among its peers, and its policy rate is also the lowest — tied with Chile — among Latin America’s major economies. Under central bank President Julio Velarde, Peru has ...

The latest cut comes as the rate of rising consumer prices has been coming down. In October, annual inflation in Peru's mining-dependent economy decelerated to 4.34% to reach its lowest level in ...

The Economy Ministry also forecasts inflation of 2% this year, after the annual rate of rising consumer prices closed 2024 at 1.97%. Salardi added that he aims to lower the government's budget ...