Regulatory Alerts2026-07-09
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Monetary Program for July 2026: BCRP maintained the reference interest rate at 4.25%
The Board of Directors of the Central Reserve Bank of Peru (BCRP) decided to maintain the reference interest rate at 4.25 percent for July 2026. This decision was based on June's monthly inflation of 0.23 percent, year-on-year inflation at 4.0 percent, and twelve-month inflation expectations decreasing to 2.8 percent, alongside positive leading indicators for economic activity and moderated global risks. The Board remains vigilant to new information and reaffirms its commitment to take necessary actions to ensure inflation returns to the target range within the projection horizon.
Topics
monetary
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