Peru cenbank hikes interest rate for third straight month

jueves 11 de febrero de 2016 19:23 GYT
 

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)