Quotes from Capital Economics:
– We expect policymakers to leave interest rates unchanged at 3.75% in Peru (00.00 BST).
– Official activity data showed the economy grew by just 2.9% y/y in May. However, headline inflation remained above the central bank’s 1-3% target range at 3.3% in July.
– It will be a close call, but we suspect that policymakers will wait to see the impact of last month’s 25bp cut before announcing another reduction.
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