# What next for monetary policy in Peru? | Capital Economics

> Capital Economics says Peru's economy is suffering one of the largest hits from the coronavirus, which is likely to prompt further policy easing. With short-term rates already near zero, additional loosening would start with stronger forward guidance, and a quantitative easing programme is looking increasingly likely.

- Date: 2020-06-18 · published 2020-06-18T12:00:00.000Z
- Category: macro · region Peru · magnitude low
- Page: https://feedsoft.ai/events/52905-what-next-for-monetary-policy-in-peru-capital-economics
- Commodities: [Peruvian Sol (PEN per USD)](https://feedsoft.ai/c/USDPEN.md)

## Why it matters

Monetary easing in Peru weakens the sol and supports domestic demand, but the feed impact is indirect, with little direct effect on feed or grain prices.

## Read by commodity

- USDPEN: bullish ▲

## Sources

- capitaleconomics.com: https://www.capitaleconomics.com/clients/publications/latin-america-economics/latin-america-update/what-next-for-monetary-policy-in-peru

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