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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.
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Free AccessCentral Bank Unchanged At 0.25%
- The Peruvian central bank kept rates and policy unchanged late yesterday, with the refi rate held at 0.25%, alongside expectations.
- In the accompanying policy statement, the bank noted that while inflation increased in the most recent month's data, the overall trend is still within range, and toward the lower end of the target. They also repeated that they expect trend inflation to hold inside the target range throughout 2021-22 and seem to anticipate a firmer outlook in H2 this year thanks to global vaccination campaigns and US stimulus.
- This equates to a broadly unchanged policy outlook for the BCRP, suggesting highly expansionary policy through low rates and liquidity operations is to persist across the forecast horizon.
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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.