skip to main content
Economic Research

Peru: Central Bank to Tighten Further

RGE expects the central bank to hike the reference rate by 25 bps to 3.5% given that the economy continues to grow robustly and above potential and inflation is moving higher, although mostly due to pressures stemming from higher food and energy prices. However, there is a slight probability that the central bank might stay on hold given strong appreciating pressures on the currency and still limited demand-pull inflation pressures.

Figure 1: Peruvian Inflation (% y/y), Target Range and Monetary Policy Rate (forecast in box)

Source: INEI, BCRP and RGE

The following content is[...]

Access to this content is restricted to RGE clients.

If you have a client code, please enter it here to activate your client account.

Click here for a free trial.

Learn About Our Services:

RGE Research

Our dynamic and intuitive macroeconomic research platform keeps you on top of the extraordinary shifts that transform our global economy, allowing users to uncover unique connections and insights. Discover the resource central banks and that 70% of the world's leading hedge funds, asset managers, PE firms, banks and corporations around the world depend on.

Our market strategists build on the work of our macroeconomic research team, incorporating market dynamics to answer crucial questions and generate actionable investment recommendations. RGE's Market Research and Strategy team gives clients actionable insight across six key asset classes:

• Currencies • Commodities
• Credit • Equity • Gov’t Bonds / Rates
• Emerging Markets • Financials
• Cross Asset Model Portfolio

RGE Strategy

Sometimes, reading research is not enough. Many RGE clients participate at the Roubini Direct Access level to gain a deeper understanding of specific issues. Through interactive live sessions, we engage with world-class thinkers, encourage knowledge sharing, idea generation, risk identification and validation of client initiatives.

Learn More »


RSS (Really Simple Syndication) feeds offer another way to consume content. Subscribe to our feeds to get our latest headlines, summaries and links back to full Research pieces and Thoughts — updated throughout the day.