Central Bank of Uruguay (BCU)
Uruguay again holds policy rate at 8.5%
Inflation stays within target, but central bank remains cautious as neighbours begin easing
Peru and Uruguay cut rates again
Peru’s central bank says growth forecasts are gloomy, but Uruguay hints at end to cuts
Uruguay accelerates loosening as inflation hits record low
Central bank says monetary policy remains in “restrictive phase”
Uruguay cuts 50bp as inflation falls
Headline and core readings are lowest for several years, as officials predict slight GDP decline
Banknotes: April to June 2023
A round-up of news and salient issues that have affected central bankers in the past three months
Uruguay cuts rates citing ‘gradual decrease in inflation’
Country becomes second in Latin America to start unwinding rate rises
Uruguay’s government will recapitalise central bank
Economist says BCU failed to hedge against exchange rate risks
Rates round-up: Philippines raises policy rate 50bp
Zambia increases amid poor inflation outlooks; Uruguay joins Latin American rate pause trend
Argentina and Brazil to begin studying common currency
Minister says countries are taking “first step” in project
Rates round-up: Turkey pauses rate cuts
Egypt hikes main rate 300bp after IMF deal; Indonesia decelerates tightening; and more
Rates round-up: tighter policy in Uruguay, Rwanda and French Pacific
Persistent inflation prompts further rate rises in emerging market economies
Some Latin American central banks pause tightening cycle
Paraguay second to hold rates after Brazil, as Peru and Chile signal they may do the same
Peru and Uruguay carry out more rate rises
Peruvian policy now “clearly restrictive”, analyst says, while Uruguay warns of risks to growth
Banknotes: July to September 2022
A round-up of news and salient issues that have affected central bankers in the past three months
Uruguay continues policy tightening
Policy-makers say inflation and expectations are stubbornly high
Campos Neto predicts end of credit cards
Brazil governor says Pix will be model for region’s payment systems
Uruguay continues ‘contractionary’ monetary policy
Eighth consecutive rate hike is smallest since last November
Swiss central bank defends board structure
Think-tank suggested governing board was “susceptible to group think” in April report
What is the right size for a central bank board?
There is greater consensus for smaller boards in theory than in practice
Rates round-up: Uruguay, Tunisia and Serbia tighten policy
Inflation fears prompt more rate hikes from central banks worldwide
Diego Labat on policy normalisation, capital flows and tech challenges
The Central Bank of Uruguay governor speaks with Christopher Jeffery and Ben Margulies about governance, financialisation, flexible rates versus capital controls, payment upgrades and CBDCs