Mexico’s central bank left its benchmark interest rate steady at 7.50 percent, as expected by some but not all economists, saying this decision reflects the recent evolution in inflation, which is largely in line with its expectations.
Argentina’s central bank left its monetary policy rate at 27.25 percent and confirmed it expects inflation to decelerate after the impact of a hike in regulated prices, such as utilities and transportation, and the recent peso depreciation wanes.
After its monthly meeting, the Central Bank of the Dominican Republic decided to maintain its base interest rate at 5.25 percent. “The decision on the reference rate was adopted after an exhaustive analysis of the balance of risks around the… Read More ›
After its monthly meeting, the Central Bank of the Dominican Republic decided to maintain interest rates at 5.25 percent. “The decision on the reference rate was adopted after an exhaustive analysis of the balance of risks around the inflation forecasts,… Read More ›
In its monthly meeting on Tuesday, the Board of the Banco Central de Chile decided to maintain interest rates at 2.5 percent. The last time the Board altered the interest rate was in May. At the start of 2017, the… Read More ›
The Banco Central de la Republica Argentina (BCRA) raised interest rates by 100 basis points to 28.75 percent. The BCRA has raised interest rates by 400 basis points so far in 2017. The BCRA expects inflation to fall as it… Read More ›
Brazil’s Central Bank cut the benchmark overnight interest rate by 100 basis points from 9.25 percent to 8.25 percent. The announcement Wednesday marks the fourth time in a row that the Banco Central do Brasil has cut the Selic rate by… Read More ›