Banco Central de Reserva del Perú (BCRP) is the Peruvian central bank:
cuts reference rate by 25bps to 5.25%, as expectedsays the rate cut does not necessarily mean more rate cuts in the futurey/y inflation expected to stay within the target range on the projected horizoncore inflation expected to have a downward trendindicators and forecasts improved in August
This article was written by Eamonn Sheridan at www.forexlive.com.