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Peru's central bank raised its benchmark rate by 50 basis points to 1%, the largest increase in about 11 years. The move followed inflation exceeding its target range and political turmoil.
Tighter Peruvian monetary policy aims to curb inflation and support the sol, but it has little direct effect on global feed commodity prices.
bloomberg.comMaria Elena VizcainoSep 9, 2021Not 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.
