Peru cenbank hikes interest rate for third straight month
LIMA Feb 11 (Reuters) - Peru's central bank raised the benchmark interest rate by 25 basis points for the third straight month on Thursday, citing above-target inflation expectations that threaten to further quicken price increases.
A majority of analysts polled by Reuters had forecast a hike to 4.25 percent, which followed the annual inflation rate's rise to a fresh four-year high. (Reporting By Mitra Taj; Editing by Chris Reese)
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