The US Federal Reserve (FED) will hold its second two-day policy meeting today, and the market is awaiting signs of a timetable for a rate cut that could begin this year.
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The dollar exchange rate started stable this Wednesday, March 20, and was close to S/ 3.7020, according to preliminary data from the Bloomberg international currency exchange portal.
On the previous day, the dollar had started its run above S/3.7175 and then progressed to the official close of S/3.7020 set by the Central Reserve Bank of Peru (BCRP).
Internationally, the US Federal Reserve (FED) will hold its second two-day monetary policy meeting today, and the market is awaiting signs of a timetable for a rate cut that could begin this year.
As reported by AFP, the market does not exclude that this year there will be two cuts and not three as expected at the end of last year, since inflation gained strength and stood at 3.2% for 12 months in February according to the inflation index. consumer prices (CPI).
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Source: Larepublica
Alia is a professional author and journalist, working at 247 news agency. She writes on various topics from economy news to general interest pieces, providing readers with relevant and informative content. With years of experience, she brings a unique perspective and in-depth analysis to her work.
