Search Results.

Last week in Colombia was one totally bereft of either macro data or economic surveys; this week will be the polar opposite.

The oil sector dominated the headlines for a variety of reasons this week…and most of it was good news.

Inflation seeks to be the highest in Colombia since 1999 based on DANE statistics.

What we did see from the latest Fedesarrollo survey was the expectation that interest rates will rise to 12% by year end.

Ironically despite the stubborn inflation, the Central Bank at this Friday's meeting will not be increasing rates.

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...

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...

Perhaps the biggest concern is the perception of mixed messages between President Petro and Finance Minister Ocampo.

On Friday we also had the Central Bank's latest survey for October, and everything continues to trend upwards versus September.

A Colombian government delegation was in Washington this week meeting with IMF, World Bank and US officials.