Latam Week Ahead

This report previews the upcoming Peruvian presidential runoff and the June 11 monetary policy meeting. Analysts anticipate the central bank will hold rates steady at 4.25% despite ongoing political uncertainty.

Key Takeaways

• 1.Peru heads to a presidential runoff election on June 7 between Keiko Fujimori and Roberto Sánchez, with the outcome remaining uncertain despite Fujimori's slight lead in markets.
• 2.The Peruvian MPC is expected to hold the policy rate at 4.25% at its June 11 meeting, maintaining a data-dependent, cautious stance.

Table of Contents

• LATAM Week Ahead: Presidential Election Runoff and MPC Meeting in Peru (Hold at 4.25%)
• Keiko Fujimori Is Prediction Markets' Favorite to Win Presidential Election; Polls Point to Slight Runoff Edge with Elevated Share of Undecided Voters
• Disclosure Appendix
• Global product; distributing entities
• General disclosures