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PERU: President Boluarte Unveils New Cabinet Appointments

PERU
  • President Boluarte unveiled four new cabinet appointments yesterday at a swearing-in ceremony at government headquarters in Lima. Ursula Leon Chempen was appointed to lead the Ministry of Foreign Trade and Tourism, Durich Francisco Whittembury Talledo will head the Ministry of Housing, Construction and Sanitation, and Fabricio Alfredo Valencia Gibaja will lead the Culture Ministry. Meanwhile, Elmer Schialer Salcedo will head the Foreign Ministry, replacing Javier Gonzalez-Olaechea.
  • On the data front, no releases are scheduled before next week’s BCRP monetary policy meeting. No Bloomberg consensus is available yet, but the fall in headline CPI inflation to the 2% target in August and decline in core inflation to within the 1-3% target range keeps the door open to another 25bp cut to 5.25% next Thursday.

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