LatAm Daily | CB in Colombia surprisingly increase its monetary policy rate 50bp up to 7%
Published on Monday, May 2, 2016
LatAm Daily | CB in Colombia surprisingly increase its monetary policy rate 50bp up to 7%
Summary
The rise in the MPR aims to contribute to the abatement of inflation expectations and for convergence to the CB's target in 2017. In Chile aggregate activity figures showed a slight recovery in March mainly dirven by natural resources or primary sectors. Mexico grew by 0.8% QoQ in 1Q16, higher than expected.
Geographies
- Geography Tags
- Latin America
- Brazil
- 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