Peru's economy likely expanded some 4% in January, the central bank's chief economist, Adrian Armas, said in a call on Friday, in line with analysts' forecasts and a day before the government is set to publish the monthly figure.

Philippine Central Bank Governor Eli Remolona said “a few more rate cuts” are on the table in the absence of any economic surprises.

Turkey’s central bank has lowered its key interest rate by a further 2.5 percentage points days after official figures indicated a slowdown in inflation that has eroded households’ purchasing power.

Peru's central bank held its benchmark interest rate at 4.75% on Thursday, in line with analysts' expectations. Peru, which has one of the lowest interest rates in Latin America, has since September 2023 gradually eased the key lending rate from a high of 7.

Perus central bank kept its benchmark interest rate steady at 4.75% on Thursday, aligning with market expectations. The decision follows a gradual easing cycle since September 2023, when the rate peaked at 7.