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Colombia’s Central Bank Cuts Interest Rate by 25 Basis Points to 6.25%
The 25-point cut narrowly won the day among central bank board members with a 4-3 vote. All three dissenters preferred another 50-point reduction.
Posted On May 27, 2017
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Colombian Central Bank Accelerates Easing with Interest Rate Cut of 50 Basis Points
One analyst firm believes the move "to step up the pace of interest rate cuts is a clear response to the weakness of the recent activity data."
Posted On April 28, 2017
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Colombian Central Bank Reduces Interest Rate by 25 Basis Points to 7.0%; Some Analysts Forecasted Larger Cut
"For now, the Banco de la República is likely to continue to move in 25-basis-point steps," said Capital Economics.
Posted On March 25, 2017
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