Peru surprised markets with an interest rate cut last night, becoming the latest in a line of Latin American central banks to launch into easing mode in 2013. Although the timing of yesterday’s rate cut was a little sooner than we had originally forecast, it adds weight to our belief that monetary policy across the region will remain looser than most expect over the next year or so.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services