LatAm Daily | In Colombia, interest rate increased by 25 bps up to 7.25%
Published on Monday, May 30, 2016
LatAm Daily | In Colombia, interest rate increased by 25 bps up to 7.25%
Summary
During its May meeting the Central Bank’s Board increased its MPR by 25 bps, taking the repo rate up to 7.25%. We believe that the monetary tightening cycle is close to an end, although some elements, such as 1Q16 GDP data and May’s inflation print, could keep the BanRep’s Board in a data-dependent mode. In Chile, data on activity by sector will be released today.
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