Inflation/Deflation Uruguay

 

Uruguay's central bank surprised investors with a half-point reduction in borrowing costs that left the benchmark interest rate at 7.5% after months of below-target inflation....

Uruguay's central bank extended its easing cycle by lowering the key interest rate a quarter point following two months of inflation near its target....

Uruguay is prepared to further hike interest rates if needed to guide inflation and price expectations to the 4.5% target as the South American country seeks to build on its recent success in cooling consumer prices, Central Bank Chairman Guillermo Tolosa said in an interview....