The Central Bank of Uruguay said its president, Guillermo Tolosa, met local and international investors to discuss the main developments supporting the credibility of Uruguay’s inflation-targeting regime. In meetings with Uruguayan investors and during the 2026 International Monetary Fund and World Bank Spring Meetings in Washington, D.C., he presented the results of Uruguay’s monetary policy and recent economic developments, highlighting that inflation expectations continue to decline and have become less dispersed. Tolosa said the progress of the monetary regime rests on key factors including stronger institutions and a solid macroeconomic position. He pointed to reinforced central bank independence, new corporate governance, high-performance forecasting models and a clearer, more active communication strategy. He also cited high levels of international reserves, the absence of significant external imbalances, a more diversified economy and a broader, more stable financial investor base.
Central Bank of Uruguay 2026-04-30
Central Bank of Uruguay briefs investors on falling inflation expectations and the foundations of inflation targeting credibility
The Central Bank of Uruguay reported that its president, Guillermo Tolosa, met local and international investors, including at the 2026 IMF and World Bank Spring Meetings, to present recent monetary policy results and economic developments supporting Uruguay’s inflation-targeting regime. He highlighted declining and less dispersed inflation expectations, stronger central bank independence and governance, improved forecasting and communication, robust international reserves, limited external imbalances, a more diversified economy and a broader, more stable financial investor base.