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December 20, 2024
The Board of Banrep reduced its monetary policy rate by 25 bps, bringing it to 9.50%. This decision was split: 5 members in favor of the 25 bp reduction, one in favor of a 50 bp reduction and one in favor of a 75 bp reduction. This is an important change in the Board's stance, after 6 meetings with rate cuts of 50bp.
October 1, 2021
In September, BanRep increased in 25bp the monetary policy rate to 2.0%. The vote was divided, with 3 members in favor of a 50bp increase. The Staff reviewed their activity, inflation and current account deficit forecasts upward. With this move the Bank starts a rate hiking cycle.
November 3, 2017
A propósito de la reducción de tasas del Banrep el viernes pasado, que nos tomó por sorpresa a nosotros en BBVA y al consenso de los analistas, hemos tenido largas horas de conversación con los colegas.
