US EditionPublished • loading... • Updated
Uruguay cuts policy rate to 5.75% after external shock, with inflation still below target
Summary by Merco Press
2 Articles
2 Articles
Uruguay cuts policy rate to 5.75% after external shock, with inflation still below target
Uruguay’s Central Bank cut its benchmark policy rate by 75 basis points to 5.75%, from 6.5%, in a unanimous decision and the seventh consecutive reduction, as it weighed the market impact of the renewed Middle East conflict and a rebound in the U.S. dollar.
·Caracas, Venezuela (Bolivarian Republic of)
Read Full Article
The cut in the rate followed the reduction of 100 basis points in January’s borrowing costs, which surprised investors
·Bogotá, Colombia
Read Full ArticleCoverage Details
Total News Sources2
Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
Factuality
To view factuality data please Upgrade to Premium
