Colombia raised its monetary policy rate by 25bp
Published on Friday, August 1, 2014 | Updated on Thursday, August 7, 2014
Colombia raised its monetary policy rate by 25bp
Summary
Rising inflation and robust economic performance were the main reasons behind this non-unanimous decision. We expect another 25bp hike in August. In Chile, minutes of the last monetary policy meeting revealed dissent on the board regarding the magnitude and timing of stimulus. We reiterate our forecast of MPR being cut by at least another 50bp by the end of 2014.
Geographies
- Geography Tags
- Brazil
- Latin America
- Colombia
Topics
- Topic Tags
- Macroeconomic Analysis
Tags
- Tags
- Monetary policy
Authors
BBVA Research
BBVA Research
Documents and files
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