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By

//Rupert Stebbings
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What Jumps Out: Busy Week Ahead

Last week ended with the Central Bank increasing rates from 10-11%, fully as expected but FinMin Ocampo was part of a unanimous vote of 7-0 despite public comments suggesting rate increases wouldn’t slow supply side inflation. His reply was that he wanted to help the...
Posted On October 31, 2022
, By Rupert Stebbings
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What Jumps Out: Waiting For BanRep

The Central Bank will sit down shortly over fine Colombian coffee and, no doubt, a few cheeky pastries to discuss what to do about interest rates. The current 10% is not going to get the job done and the consensus is for a move to 11%. The question that remains is whether that is...
Posted On October 28, 2022
, By Rupert Stebbings
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What Jumps Out – The Peso

Perhaps the biggest concern is the perception of mixed messages between President Petro and Finance Minister Ocampo.
Posted On October 21, 2022
, By Rupert Stebbings
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What Jumps Out: Up Washington Way

A Colombian government delegation was in Washington this week meeting with IMF, World Bank and US officials.
Posted On October 14, 2022
, By Rupert Stebbings
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What Jumps Out: The Week Ahead

The Peso closed Friday at $4622 close to record lows after Thursday President Petro made mention of taxing "hot money."
Posted On October 11, 2022
, By Rupert Stebbings
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What Jumps Out: Inflation Week

This is inflation week and September CPI is expected to be 0.78% (slowing slightly from 1.02% in August) with the 12m rate rising to 11.29%.
Posted On October 3, 2022
, By Rupert Stebbings
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What Jumps Out: Weekly Review

The m/o/m decline of 0.3% points to a gradual slowdown in the Colombian economy.
Posted On September 23, 2022
, By Rupert Stebbings
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What Jumps Out: Petro at the UN

President Petro is in NY to address the UN on climate change and sustainability
Posted On September 19, 2022
, By Rupert Stebbings
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What Jumps Out : Inflation and the Central Bank

Emerging market central banks may have acted faster than those of the developed world, but it doesn't mean they have done enough.
Posted On July 6, 2022
, By Rupert Stebbings
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What Jumps Out – Gustavo Petro’s New Finance Minister

Ocampo has been charged in the first instance with the completion of both a complex tax reform and a development plan by the end of the year.
Posted On June 30, 2022
, By Rupert Stebbings
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