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Peru's Central Bank Slashes Benchmark Interest Rate to 4.75%, Defying Expectations

2025-01-09

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Peru's Central Bank Slashes Benchmark Interest Rate to 4.75%, Defying Expectations

In a surprise move, the Central Reserve Bank of Peru cut its benchmark interest rate by 25 basis points to 4.75% on Thursday, going against the predictions of analysts who anticipated the rate to remain steady at 5%. This decision is expected to have ...undefined