, the FocusEconomics' LatinFocus Consensus Forecast report has highlighted.
In the accompanying statement, the BCR highlighted that —on top of record-low interest rates— it was also implementing liquidity injections to provide additional support to the country's economy.
Moreover, inflation is expected to fall due to depressed demand, keeping space open for accommodative action.
The next monetary policy meeting is scheduled for June 11.
FocusEconomics' panelists forecast the monetary policy rate at 0.25% at the end of 2020. For 2021, the panel projects a rate of 1.00% at the end of that year.