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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 AccessPERU: HSBC Expecting a 25BP BCRP Cut to 5.5%
- Highlighting the differing views for this week's BCRP decision, HSBC see a 25bp cut this week, getting the policy rate to 5.50%, and expect the central bank to continue its intermittent easing cycle in the coming months.
- HSBC think monetary authorities will then pause to assess movements on international rates and progress on core inflation decline. They have pencilled in further 25bp cuts for October and December, leaving the policy rate at 5.0% by 2024YE.
- They expect 75bp more rate cuts for 2025 but think this will be even more conditional on the global rates environment.
To read the full story
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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.