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Peru's central bank held its policy rate at 2.25 percent, citing eased global growth risks but uncertainty over the impact of recent geopolitical events on energy prices. The bank kept its 2020 growth outlook at 3.8 percent and forecast inflation near 2.0 percent.
A steady rate with stable inflation expectations offers little direct price impact for feed buyers, though the energy price uncertainty noted by the bank reflects the Middle East tensions that have been moving crude and freight costs.
centralbanknews.infoJan 10, 2020Not 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.
