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Tag

//banco de la republica
Gustavo Petro (photo:gustavopetro.com.co)
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Petro’s Reform Plans Stagnate as Colombia Sits at an Impasse

Once again, we are seeing the lack of a Colombian collective with everyone in it for themselves.
Posted On May 20, 2024
, By Rupert Stebbings
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Fiscal Rule Discussion Comes to the Forefront in Colombia as GDP Grows by 0.7% in the First Quarter

Fitch Ratings stated that tampering with the fiscal rule would only hinder the nation's hopeful return to investment grade.
Posted On May 18, 2024
, By Rupert Stebbings
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Colombian Inflation Rate Beats Expectations in April, Slowing to 7.16% Year-Over-Year

While the fall was slightly better than expected, the positive difference is likely not enough to radicalize the central bank into taking more drastic measures.
Posted On May 11, 2024
, By Rupert Stebbings
Banco de la Republica, the central bank of Colombia, in Bogotá.
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How Far Will the Colombian Central Bank Cut Interest Rates in 2024?

Banco de la República is conservative by nature and there may not be enough meetings left this year to get the interest rate down to 8.25%
Posted On May 6, 2024
, By Rupert Stebbings
Banco de la Republica, the central bank of Colombia, in Bogotá.
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Central Bank to Make Another Rate Cut Decision this Week in Colombia

Hopefully, Banco de la República will this week cut those overnight rates — by at least 50 basis points — from the current 12.25%.
Posted On April 29, 2024
, By Rupert Stebbings
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In Colombia, Inflation and Rain Are Hopefully Both Falling Again

Fedesarrollo's survey projects March inflation to drop to 7.34% — and continue falling to hit 5.51% by year-end.
Posted On April 2, 2024
, By Rupert Stebbings
Banco de la República, the central bank of Colombia, in Bogotá. (Photo credit: Camilo Sanchez)
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Colombian Central Bank Cut Interest Rates — by the Bare Minimum

Banco de la República cut by 50 bps to 12.25%, but despite words expressing the "magnitude" of the cut, it was the absolute minimum they could have done.
Posted On March 28, 2024
, By Rupert Stebbings
Leonardo Villar, governor of Banco de la República. (Photo credit: Banco de la República)
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Inflation Falls Again in Colombia. How Large will the Next Interest Rate Cut Be?

What will Banco de la República head Leonardo Villar and the rest of the Magnificent Seven do at their next meeting?
Posted On March 8, 2024
, By Rupert Stebbings
Above photo: «Ecopetrol» de Dvalencia – Own work, used under license CC BY-SA 3.0 vía Wikimedia Commons - https://commons.wikimedia.org/wiki/File:Ecopetrol.jpg#/media/File:Ecopetrol.jpg
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Inflation, Ecopterol and Pension Reform to Make Headlines this Week in Colombia

Ecopetrol has been a dividend cash cow for many years, but those days are surely coming to an end.
Posted On March 4, 2024
, By Rupert Stebbings
Banco de la República, the central bank of Colombia, in Bogotá. (Photo credit: Camilo Sanchez)
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Colombian Central Bank Faces Missed Opportunity to Cut Rates at this Week’s Non-Decision Meeting

For reasons I cannot detect, Banco de la República only moves rates at 8 of their 12 annual meetings.
Posted On February 27, 2024
, By Rupert Stebbings
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