Despite the drop in the sol in recent days and the rising inflation rate, Peru’s central bank left interest rates on hold at 4.25% once again. Nonetheless, we expect hikes to resume next year and the scale of tightening is likely to take most forecasters by surprise.
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