LatAm Daily | Today we expect the Colombian CB to increase its MPR by 50bps, up to 7.5%
Published on Friday, May 27, 2016
LatAm Daily | Today we expect the Colombian CB to increase its MPR by 50bps, up to 7.5%
Summary
In today’s May MP meeting we anticipate the CB’s Board to increase its MPR by 50bps, as well as maintain this expected level of the repo rate for the rest of the year. Yesterday, business confidence figures for Colombia came in positively, showing the recovery process in the manufacturing sector and the possibility of a more gradual slowdown in household spending.
Geographies
- Geography Tags
- Latin America
- Colombia
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