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Colombian Central Bank Cuts Interest Rate by 25 Basis Points to 4.75%
“The dynamics of the domestic demand were weaker than expected” in the third quarter, stated the central bank.
Posted On November 27, 2017
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//Colombia Central Bank
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Inflation Ticks Up Slightly in Colombia to a Year-Over-Year Rate of 4.05% in October
The October rate is up slightly from 3.97% last month and puts inflation outside of the central bank’s target rate for the first time since June.
Posted On November 4, 2017
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Colombian Central Bank Surprises Market by Cutting Interest Rate by 25 Basis Points to 5.0%
The move continues a year-long rate-cutting trend but surprised a market that expected the Banco de la República to leave the rate steady.
Posted On October 27, 2017
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Colombian Central Bank Cuts Interest Rate by 25 Basis Points to 5.25%
The Banco de la Repúblcia said that its decision was impacted by the "weakness in economic activity."
Posted On September 1, 2017
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Inflation Continues to Fall in Colombia: July Rate of 3.4% Is the Lowest Since 2014
July's rate of 3.4% is a decrease from the 3.99% seen in June and represents the 12th straight month that inflation has fallen.
Posted On August 9, 2017
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Colombia’s Central Bank Lowers Interest Rate by 25 Basis Points to 5.5%
The central bank again expressed concern about economic weakness on top of low domestic demand and low external demand.
Posted On July 27, 2017
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Colombia’s Inflation Falls to 3.99% in June – Back Within Central Bank’s Target Range for First Time in Over Two Years
The 3.99% rate is 38 basis points below the 4.37% annual inflation seen in May and less than half of the 8.60% rate in June 2016.
Posted On July 8, 2017
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Colombia’s Central Bank Cuts Interest Rate by 25 Basis Points to 6.25%
The 25-point cut narrowly won the day among central bank board members with a 4-3 vote. All three dissenters preferred another 50-point reduction.
Posted On May 27, 2017
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Colombian Central Bank Accelerates Easing with Interest Rate Cut of 50 Basis Points
One analyst firm believes the move "to step up the pace of interest rate cuts is a clear response to the weakness of the recent activity data."
Posted On April 28, 2017
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Colombian Central Bank Reduces Interest Rate by 25 Basis Points to 7.0%; Some Analysts Forecasted Larger Cut
"For now, the Banco de la República is likely to continue to move in 25-basis-point steps," said Capital Economics.
Posted On March 25, 2017
Colombian Peso Exchange Rate
