MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: ECB Should Be Close To 2% In Next Quarters -Centeno

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

MNI: US NOV IMPORT PRICES +0.1%

MNI: CANADA Q3 INDUSTRIAL CAPACITY UTILIZATION RATE 79.3%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Central Bank Expected To Continue Gradual Easing

PERU
  • All surveyed analysts believe the BCRP will continue with its gradual easing cycle today, delivering another 25bp cut which would take the reference rate to 6.25%. The decision and statement are scheduled for release at 2300GMT / 1800ET.
  • The decline of 12-month inflation expectations further towards the central bank’s target, alongside the continued desire to boost the growth potential of the economy, continues to stoke the debate among analysts on whether the easing pace could be accelerated at some point this year.
  • A key development that provides an obstacle to bolder action is the ~4% currency depreciation against the greenback since the January meeting, marking the Peruvian Sol as among the weakest currencies in the region in 2024.
  • The full MNI preview with analyst views is here: https://roar-assets-auto.rbl.ms/files/59892/MNI%20Peru%20Central%20Bank%20Preview%20-%20February%202024.pdf
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.