Central bank weighs above-target inflation and weak economic growth before keeping its benchmark lending rate at 3.5%
Tag: monetary policy
Peru raises rates for third month in a row
Rising inflation and stronger economic activity lead to the central bank’s decision
Chile likely to hold interest rates
Analysts expect the central bank to raise rates again this year but not anytime soon
Mexico leaves rates unchanged
The bank bases its decision on international volatility, slowing domestic growth and below-target inflation
Colombia raises rates again
The central bank hikes its key interest rate for the fifth time in a row
Colombia expected to raise reference rate
An increase would mark the fifth consecutive hike by the central bank
Brazil holds interest rates
The central bank defies analysts’ expectations and leaves the Selic at current levels
Brazil expected to hike reference rate again
The central bank is under pressure to contain rising inflation
Peru raises benchmark rate
Analysts expect further increases to combat above-target inflation
Chile holds rates
The country keeps borrowing costs on hold as volatility marks the start of the year in global markets
