4 Articles
4 Articles
The Central Bank raised the monetary policy interest rate by 25 basis points after seven months without change, in a scenario of higher external risks and with inflation expectations still under control
The measure aims to “act proactively” to “limit” the effects of “the geopolitical and climatic shocks” and “avoid moving to the rest of the prices and expectations,” the entity explained in a statement.After months without making changes, the Central Bank of Uruguay (BCU) resolved to raise the interest rate by 25 basis points to 6%. From the entity they argue that the decision intends to “preserve the anchoring of inflation expectations and cont…
Montevideo, Oct 8 (Latin Press) The Central Bank of Uruguay (BCU) decided to raise the interest rate from 5.75 percent to six percentage points, after seven months without changes in that index, it was known today. The post Central Bank of Uruguay increases interest rate first appeared on Noticias Prensa Latina.
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