Central Bank says Colombian economy slowed down in Q1
Colombia’s central bank said Monday the country’s economic growth has likely slowed down in this year’s first quarter compared to the first three months of 2012.
Colombia’s central bank said Monday the country’s economic growth has likely slowed down in this year’s first quarter compared to the first three months of 2012.
Subsidized mortgage rates for Colombia’s housing sector are the most important factor for strong growth in 2013, concluded Colombia’s finance minister on Friday, after a meeting with the central bank.
Colombia’s financial sector has resisted lowering mortgage rates in accordance with the central bank interest rate cut to 3.25%, the bank’s most recent cut in March. “The central bank has developed…
Colombia’s bond yields fell Wednesday, after the country’s central bank lowered borrowing costs by a “surprising” half a percentage point. Yields on peso bonds due in 2014 fell to 3.58%…
After Colombia experienced a strong year for economic growth in 2012, some experts have expressed more caution toward the country’s growth prospects for 2013. “I don’t think the government will…
A property bubble like the one that devastated the United States and Europe in the 2008 financial crash, may now be threatening Colombia, warned the country’s Central Bank Tuesday. “We…
Colombia’s Central Bank on Friday announced that it has cut interest rates to 3.75%, making it the lowest of all Latin American countries by a comfortable margin. “The decision was…
Colombia’s central bank lowered benchmark interest rates to the lowest level in Latin America in an attempt to slow down the rising peso, something one board member on Wednesday said…
Colombia’s central bank on Monday again cut interest rates after board members came to the conclusion that the economy was growing below its potential. The central bank voted in favor…