LatAm Daily | As expected, Colombian CB increased MPR by 25 bps, taking it to 7.5%
Published on Thursday, June 23, 2016
LatAm Daily | As expected, Colombian CB increased MPR by 25 bps, taking it to 7.5%
Summary
During its June meeting, the BanRep’s Board increased its MPR by 25 bps, taking the repo rate up to 7.5%, in line with expectations. Our central scenario contemplates that the repo rate should be kept at the current level for the rest of the year. Moreover, today we expect the IGAE in Mexico to drop by (-)0.1% m/m in April due to the contraction of the industrial sector.
Geographies
- Geography Tags
- Latin America
- Colombia
- Mexico
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Enestor Dos Santos
BBVA Research - Principal Economist
Lorena Lechuga
Hugo Perea
BBVA Research - Chief Economist
Cecilia Posadas
BBVA Research - Principal Economist
Jorge Selaive
Carlos Serrano
BBVA Research - Chief Economist
Juana Téllez
BBVA Research - Chief Economist
Documents and files
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