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Peru’s central bank cuts reference rate by 25bps to 5.25%, as expected

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.

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