Paraguay Central Bank Holds Rate at 5.5%

Paraguay's central bank kept benchmark interest rate unchanged at 5.5% for a second month, citing a stable inflation outlook.
CPI rose 0.8% month‑on‑month in March, with year‑on‑year inflation at 1.9% and core inflation at 1.8%.
GDP growth forecast for 2026 held at 4.2% as monthly activity indicator grew 3.8% YoY in February, business estimator up 4.8% YoY.
IMF lowered global growth to 3.1% for 2026 and raised global inflation to 4.4%, highlighting external risks.