Colombia could face rising inflation after rate cut
Morgan Stanley warned Tuesday that Colombia’s surprise interest rate cut could lead to problems with inflation later in the year, Bloomberg reports. “The central bank’s decision to cut rates may…
Morgan Stanley warned Tuesday that Colombia’s surprise interest rate cut could lead to problems with inflation later in the year, Bloomberg reports. “The central bank’s decision to cut rates may…
The Colombian peso slumped to its lowest level in three months at the close of business trading on Tuesday, amid fears the Greece crisis could spread further afield, reports Terra.com. The…
The Central Bank of Colombia’s key interest rate at 3.5% stimulates economic growth, the bank’s seven board members said when they decided to keep the rate unchanged during their last…
Two out of the seven Colombian Central Bank’s board members separately said on Wednesday they would rather have low interest rates for while, strengthening the market feeling about the foreseeable…
Colombia’s central bank will probably keep its benchmark interest rate unchanged as the threat of inflation outweighs concern that a plunge in trade with Venezuela will hobble the economy’s recovery.…
Colombia’s peso bonds fell, pushing yields higher for a second day, on speculation the central bank will raise rates in the first half of the year to ease inflation. The…
Colombia’s benchmark IGBC stock index rose 0.46% to a record high of 11,592.81 points, as an end-of-year rally driven by low interest rates and high levels of liquidity continued. “We…
Colombia’s central bank on Monday said it cut its key overnight interest rate 50 basis points to 3.5 percent, citing a reduction in trade with Venezuela and low economic activity…
Colombian Finance Minister Oscar Ivan Zuluaga said Monday that he doubts further rate cuts would boost the country’s economy. “I am not that sure that, today, cuts of interest rates…