# Peru cuts interest rates, but political turmoil set to rattle markets | Capital Economics

> Peru's central bank cut its benchmark interest rate, according to a Capital Economics note dated 15 September 2017. The note warns that political turmoil in the country is likely to rattle markets.

- Date: 2017-09-15 · published 2017-09-15T12:00:00.000Z
- Category: macro · region Peru · magnitude low
- Page: https://feedsoft.ai/events/69230-peru-cuts-interest-rates-but-political-turmoil-set-to-rattle-markets-capital
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md), [Peruvian Sol (PEN per USD)](https://feedsoft.ai/c/USDPEN.md)

## Why it matters

Peru is a feed-relevant origin for fishmeal, and political instability and a weaker sol could affect fishmeal export pricing, though the link to grain and oilseed prices is indirect.

## Read by commodity

- USDPEN: bearish ▼
- FISHMEAL: neutral

## Sources

- capitaleconomics.com: https://www.capitaleconomics.com/clients/publications/latin-america-economics/latin-america-update/peru-cuts-interest-rates-but-political-turmoil-set-to-rattle-markets

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.