MNI BRIEF: BOC Sees Milder Reaction To Tariffs Than To Covid

BOC SAYS ITS RESPONSE TO A TARIFF WAR WON'T BE LIKE IN COVID

BOC: TRADE THREATS ALREADY BLURRING DOMESTIC ECONOMIC REBOUND

MNI INTERVIEW2 -Banxico Optimistic On Non-Core Inflation-Heath

MNI China Daily Summary: Friday, February 21

MNI BOK WATCH: Board To Ease Base Rate To 2.75%

MNI: BAKER HUGHES US RIG COUNT 592; OIL RIGS 488; GAS RIGS 99

BAKER HUGHES CANADA RIG COUNT 244; OIL RIGS 174; GAS RIGS 70

MNI: US NAR: JAN EXISTING HOME SALES 4.08M SAAR

GERMANY: Economy Ministry Lowers 2025 Growth Forecast As Expected

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

GERMANY: Kukies Considers Potential Non-Implementation Of 2024 Suppl' Budget

© 1982-2025 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Peru Central Bank Preview – November 2021

PERU
  • The Peruvian Central Bank (BCRP) November decision is due later today at 2300BST/1800ET.
  • The broad consensus expect a 50 basis point hike to the reference rate from 1.5% to 2.00%. Of the eight surveyed analysts on Bloomberg, one is calling for a 25bp hike and one is forecasting a bolder 75bp hike to 2.25%.
  • Inflation rose to 5.83% in October from 5.23% the month prior. Core inflation increased to 2.78% from 2.57%. Results were higher than expected and compare with the 2.0% +/- 1 percentage point target.
  • Policy makers are likely to keep the door open for further hikes in the pipeline with accelerating inflation and inflation expectations supporting tighter monetary conditions. Capital outflows and heightened risks relating to political uncertainty have raised concerns about financial stability and support increasing rates.
  • For reference, the BCRP raised the policy rate by 25 basis points in August, 50 basis points in September and again in October.
LatAm Bank - PreviewEM BulletCentral Bank of Peru - PreviewHomepageEM Central Bank ReportsEM Central Bank PreviewBulletEmerging Market News
LatAm Bank - PreviewEM BulletCentral Bank of Peru - PreviewHomepageEM Central Bank ReportsEM Central Bank PreviewBulletEmerging Market News

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.