Peru hikes again as headline inflation eases
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Central bank increased its policy rate by 25bps as expected to 7.25%, its 16th consecutive rate increase
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It brings the cumulative increase to date to 700bps since the bank's post-Covid tightening cycle began in August 2021
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Forward guidance unchanged and points to fine tuning as inflation shows signs of easing
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This report is independent investment research as contemplated by COBS 12.2 of the FCA Handbook and is a research recommendation under COBS 12.4 of the FCA Handbook. Where it is not technically a research recommendation because the subject of the research is not listed on any European exchange, it has nevertheless been treated as a research recommendation to ensure consistent treatment of all Tellimer's research. This report has been produced by the analyst(s) named above (the "Analyst").
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