Peru Holds Key Rate at 4.25% as Inflation Tops Target Band
The Central Reserve Bank of Peru building in Lima.
Photographer: Milko Torres Ramirez/BloombergPeru left interest rates unchanged as policymakers judge that last month’s surge in inflation will prove to be temporary.
The central bank held its benchmark rate at 4.25% for the seventh straight month on Thursday, as expected by all 11 analysts surveyed by Bloomberg.