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By Pete Sadler in Banking — 09 Jun 2023

Peru Maintains Interest Rates at 22-Year High as Inflation Cools Down

Peru Maintains Interest Rates at 22-Year High as Inflation Cools Down
Image by 41330 from Pixabay

Peru held interest rates at a 22-year high to ensure that inflation slows decisively toward its target.

The central bank left its benchmark interest rate at 7.75% on Thursday, as forecast by all 11 economists surveyed by Bloomberg.

Read More : Peru Maintains Interest Rates at 22-Year High as Inflation Cools Down

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Brazil's Inflation Reaches Lowest Point in Over 2 Years, Triggering Calls for Rate Cuts

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