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Uruguay's Central Bank Cuts Benchmark Rate by 25bps to 9.0% on Lower Inflation

BY MT Newswires | ECONOMIC | 07/09/25 07:28 AM EDT

07:28 AM EDT, 07/09/2025 (MT Newswires) -- Uruguay's Central Bank (BCU) late Tuesday said it cut the benchmark policy rate by 25bps to 9.0% amid falling inflation.

The country's inflation fell to 4.59% in June, in line with the BCU's target, pointed out the central bank in its policy statement.

The BCU revised its inflation projections downward, seeing inflation at around the 4.5% target for the next two years.

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