Colombia’s central bank could cut its key interest rate by another 100 basis points this year to lift growth, central bank governor Juan Jose Echavarria said on Monday, predicting that…
Colombia’s economy might only grow about 1.5 percent this year and inflation will be above the central bank’s 2 to 4 percent target range, new bank board member Jose Antonio…
Colombia’s central bank lowered its benchmark interest rate by 25 basis points on Friday in a bid to boost a slowing economy, despite an uptick in inflation estimates and some…
Colombia’s central bank raised its benchmark lending rate on Friday to 6.5%, the seventh consecutive monthly increase, as policymakers grapple with high inflation figures and a deep current account deficit.
High January inflation figures may lead policymakers on Colombia’s central bank board to increase the benchmark interest rate more sharply than previously anticipated, analysts said on Monday, as the board…
Colombia’s central bank held its benchmark interest rate for a 10th consecutive month on Wednesday, as policymakers grappled with the twin constraints of inflationary pressure and an economy weakened by…
Colombia’s central bank held its benchmark interest rate steady on Thursday, meeting market expectations, as benign inflation allows policymakers to maintain their economic stimulus while global conditions remain uncertain.
Colombia’s central bank is to double US dollar purchases to control an appreciating peso, which is damaging exports, reported local media.
National interest rates are to be held at 3.25% for another month according to a statement released by Colombia’s Central Bank on Friday.