Central bank reduces reference rate by 25bp after keeping it on hold for three weeks
Tag: monetary policy
Brazil holds rates
Central bank cites high inflation and uncertainties around economic reforms as reasons to leave the Selic untouched
Peru leaves rates unchanged
Easing inflation allows the central bank to keep interest rates on hold for fifth month in a row
Mexico raises rates
Banxico increases its overnight rate by 50bp to control inflation and support the falling peso
Colombia raises rates again
Central bank increases its benchmark lending rate for the 10th month in a row
Chile leaves rates alone
Central bank maintains its benchmark lending rate at 3.5% for the sixth month in a row
Peru holds interest rates
Central bank leaves the benchmark rate at 4.25% for the fourth month in a row
Brazil leaves rates unchanged
Central bank says inflation is still too high for a more flexible monetary policy
Colombia raises rates again
Central bank increases its benchmark lending rate by 25bp, but analysts say it could be the last hike in Colombia’s tightening cycle
Market expects deeper cuts to Selic
Economists see Brazil’s benchmark lending rate falling to 12.75% by the end of the year, according to the central bank
