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PPI data for November came in with another healthy decline. Let's hope the CPI data is even close to as good.

In October, the monthly reading was 0.25%, which led to a year-over-year number of 10.48%. Now, the question is how far it will fall this month.

Lately, investors are looking for any good news in a sea of pessimism when it comes to the local capital markets.

The Finance Ministry met with transport companies and stated that, if there is no increase in the price of diesel, this will add another $2.6 billion USD to the FEPC by the end of 2024.

In Colombia, some things are sacrosanct — and the fiscal rule is one of them.

The real headline grabber should be Banco de la República, which — in its infinite wisdom — has chosen to ignore the other 99% who understand that 13.25% overnight rates choke off an economy.

This is a country where banks still charge you for the privilege of looking after your money. Dickensian some would say.

Will Banco de la República upgrade its November meeting to a "decision" meeting in order to cut rates from 13.25% and start the easing cycle?

Banco de la República left interest rates at 13.25%, a terminal rate that needs to come down ASAP. The cut doesn't need to be radical but at least signal that the easing cycle has begun.

According to J.P. Morgan, this was a rejection of Petro presidency. That is clear for all to see. Where they are a little off is suggesting that this will impact the reform process.