End of preview - This article contains approximately 100 words.
Subscribers: Log in now to read the full article
Not a Subscriber?
Choose from one of the following options
Back
LatinNews Daily - 17 May 2024
In brief: Uruguay holds interest rates
*Uruguay’s central bank (BCU) has announced that it is holding its benchmark interest rate at 8.5%. The decision followed a 50-basis point cut in April. In a statement, the BCU said the decision had been made in order to consolidate inflation within its target range of 3-6%. The BCU noted that annual inflation stood at 3.68% in April – the 11th consecutive month within the target range. “Future decisions will depend on data about the evolution of the situation at home and abroad and the convergence of inflation expectations with the centre of the target range,” said the BCU.
- PERU: Boluarte facing three new impeachment efforts
- In brief: Colombia braces for La Niña
- BRAZIL: NGOs highlight threats to quilombolas
- In brief: Brazil’s government raises annual GDP forecast
- PANAMA: Mulino unveils cabinet picks
- In brief: Nicaragua hails arrival of more buses from China
- MEXICO: Mayoral candidate killed in Chiapas
- In brief: Mexico’s gov’t downplays power shortages
- ARGENTINA: Caputo hails financial surplus
- In brief: Uruguay holds interest rates