2026-06-11

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Monetary Program June 2026: BCRP Maintains Reference Interest Rate at 4.25%

The Board of Directors of the Central Reserve Bank of Peru (BCRP) maintained the reference interest rate at 4.25% to anchor inflation expectations within the target range amid temporary supply-side shocks. The decision reflects positive economic activity indicators and favorable terms of trade, despite elevated global risks from the Middle East conflict. The Board reaffirmed its commitment to adjusting monetary policy as necessary to ensure inflation returns to the 2% target by 2027.

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Banco Central de Reserva del Peru

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