Costa Rica cuts rate 3rd time in 2020 as inflation falls
Costa Rica's central bank cut its policy rate for the third time this year, and for the 10th time since the start of last year, saying today's easing of monetary policy will not compromise its objective of maintaining low and stable inflation given the current trend of disinflation.
The Central Bank of Costa Rica (BCCR) cut its policy rate by another 50 basis points to 0.75 percent and has now cut it 200 points this year following cuts in January and March.
Since the start of 2019... Читать дальше...