An economist sees room for one more reduction in the Selic rate, which is currently at 7%.
Peru's president is hoping his revamped cabinet will put an end to weeks of bitter political wrangling that nearly cost him his job.
The verdict on the former president's appeal against a 9.5-year jail term handed down in July will be issued on January, possibly ruling him out of the upcoming October presidential race.
OECD secretary general José Ángel Gurría said the NGO does not see a massive flight of business and investment from Mexico with the US tax reform.
Recent efforts to reform the nation's troubled solidarity pension program have taken the national stage with presidential frontrunners taking positions in a tight race.