FX.co ★ Peru Keeps Policy Rate at 4.25% for 3rd Meeting

In December 2025, Peru's Central Reserve Bank maintained its benchmark interest rate at 4.25% for the third consecutive meeting, aligning with market expectations. The bank noted that headline inflation in November remained steady at 1.4%, with core inflation at 1.8%. Additionally, 12-month inflation expectations stayed at 2.2%, comfortably within the bank's target range. Policymakers also pointed to strong indicators of current conditions and future expectations, set against a backdrop of moderate global growth and diminishing trade tensions. The BCRP reaffirmed its commitment to closely monitoring inflation trends, expectations, and overall economic activity, ready to make policy adjustments as necessary.