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Peru cenbank cuts benchmark interest to 3.75 pct
July 13, 2017 / 11:06 PM / 2 months ago

Peru cenbank cuts benchmark interest to 3.75 pct

LIMA, July 13 (Reuters) - Peru’s central bank lowered its benchmark interest rate by 25 basis points to 3.75 percent as widely expected on Thursday, its second rate cut in three months as the economy slows and inflation retreats.

All 14 analysts polled by Reuters had forecast the bank’s decision, which follows three straight months of falling consumer prices. (Reporting by Lima Newsroom; Editing by Sandra Maler)

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