Peru: Central Bank holds rates at June meeting; adopts slightly less dovish tone

peru central bank holds rates at june meeting adopts slightly less dovish tone

Sumary of Peru: Central Bank holds rates at June meeting; adopts slightly less dovish tone:

  • The hold reflected a continued wait-and-see approach, supported by muted inflation expectations and a desire to bolster the ongoing recovery in activity..
  • Meanwhile, the Bank noted an improvement in incoming economic data in May after April moderation, with expectations of a pronounced vaccine-driven global economic recovery in the coming months….

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