Central Banker Report Cards 2024: The Americas
Global Finance
OCTOBER 10, 2024
In June, the CBC had paused its easing cycle, following seven consecutive reductions over the past year that lowered the country’s benchmark Selic interest rate to 10.5%. From that point, the Central Bank of Uruguay brought its benchmark policy rate to 8.5% The rate has bounced up and down a bit since then but settled at 2.5%
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