LatAm Daily | Colombia’s BanRep unanimously raises MPR by 25bp
Published on Monday, September 28, 2015
LatAm Daily | Colombia’s BanRep unanimously raises MPR by 25bp
Summary
BanRep’s Board decided to increase its MPR by 25bp after some concerns regarding inflation and inflation expectation risks in Colombia. Another 25bp hike is forecasted for 4Q15 in view of the MP stance and inflation dynamics. In Mexico, the trade balance recorded a deficit far beyond our expectations driven by contraction of exports (oil and manufacturing).
Geographies
- Geography Tags
- Latin America
- Mexico
- Colombia
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Marina Conesa
Enestor Dos Santos
BBVA Research - Principal Economist
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