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Fitch Ratings Analyst: Tax Reform May Not Be Enough to Improve Colombia’s Ratings Outlook
“We have to wait for the results of the tax reform," analyst Richard Francis told Finance Colombia in New York.
Posted On
January 12, 2017
,
By
Rodrigo Torres
off
Juan José Echavarría Takes Over as General Manager of Colombia’s Central Bank
Echavarría takes the helm at time of change for the Banco de la República, which shifted its tact by lowering the nation's interest rate in December.
Posted On
January 4, 2017
,
By
Jared Wade
off
Colombia’s Central Bank Members Remain Divided on Inflation Risk
Dissenting central bank members "held that it would be prudent to keep the benchmark rates stable."
Posted On
December 30, 2016
,
By
Jared Wade
off
Colombia’s Central Bank Lowers Interest Rate to 7.5% as Economic Slowdown Worries Eclipse Inflation Concerns
The decision was based on worries that Colombia's economic slowdown may now be a larger concern than inflation.
Posted On
December 16, 2016
,
By
Jared Wade
off
Colombia Inflation Rate Falls to 6.48% in October
The new 6.48% rate is the lowest seen since November 2015 — and a huge drop from the 8.97% high in July.
Posted On
November 8, 2016
,
By
Jared Wade
off
Central Bank Downgrades Forecast for Colombia’s 2016 GDP Growth to 2% and Expects the Same in 2017
"The slowdown in output and lower external imbalance reflect the adjustment required in the Colombian economy," said the central bank.
Posted On
November 4, 2016
,
By
Jared Wade
off
Bancolombia: Colombian Economy Is Currently Bottoming and Set for a 2017 Turnaround
If the story plays out as expected, Bancolombia believes that 2015 and 2016 will end up being bumps in the road in an ongoing growth trajectory.
Posted On
October 21, 2016
,
By
Jared Wade
off
Colombia Central Bank Holds Interest Rate at 7.75% for Second Straight Month
This marks the second straight month with no intervention, putting a definitive end to the prior 11 months of rate hikes.
Posted On
October 4, 2016
,
By
Jared Wade
off
U.S. Treasury Secretary Jacob Lew to Meet with Colombian President Santos Tomorrow
The secretary's mission is to consult with Colombian officials on their plans to maintain strength in public finances in a post-conflict Colombia.
Posted On
September 27, 2016
,
By
Jared Wade
off
Inflation in Colombia Falls to 8.1% to Reverse Year-Long Rise
A drop in inflation was expected — but "its magnitude was much greater than we anticipated," said Bancolombia. A sharp decline in food prices fueled the major rebound.
Posted On
September 7, 2016
,
By
Jared Wade
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