Paraguay Central Bank Continues Rate Cuts

Paraguay Central Bank Continues Rate Cuts

By
Adriana Montalvo
1 min read

Paraguay’s central bank delivered its eighth consecutive interest rate cut, lowering its benchmark rate by a quarter point to 6%, as inflation slows. Economists foresee additional reductions following the 250 basis points cut in borrowing costs implemented since August. This signals a positive outlook for monetary policy, offering hope for economic recovery and stability.

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