Peru central bank hikes rate 25bp to 4.50% on inflation, El Niño risks

BCRP raised its reference rate by 25bp to 4.50%, the first change since August 2025, citing three-year-high inflation, elevated expectations, and El Niño risks. The move signals a hawkish pivot after a prolonged hold, with further tightening possible if price pressures persist.

AI disclosure: Model-written summary of the source, not a verified fact. Check the sources. How Mosaic works