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Peru's central bank cut its benchmark rate by 25 basis points to 7.00% on Thursday. The bank continues to ease borrowing costs as prices moderate while the economy remains weak.
Lower Peruvian rates and softer inflation mainly affect local credit and currency, with minimal direct impact on feed commodity supply or prices.
reuters.comMarco AquinoNov 9, 2023Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
