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Tag: interest rate

Colombia holds interest rate at 5.25%

Colombia’s central bank has kept the interest rate at 5.25% for the second month in a row as worries of inflation eased, the bank announced Monday. The decision suggests the bank’s consistent interest rate hikes over...

Colombia leaves base interest rate at 5.25%

The board of Colombia’s central bank left the base interest rate unchanged at 5.25% Friday. It based its decision on several pieces of economic data, it said in a press release — such as inflation, internal demand,...

Colombia central bank holds benchmark rate at 4.75%

Colombia left interest rates unchanged, after raising them in November, as falling inflation expectations give policy makers room to gauge the impact of the European debt crisis. The central bank’s seven-member board, led by...

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