Colombia Seen Holding Rates

Colombia Seen Holding Rates

Colombia Economy & Policy

Colombia’s Central Bank is largely expected to hold its reference rate at 5.25% at today’s meeting, though some conversation have revolved around whether it could consider cuts this time. Goldman Sachs sees a probability of less than 20% of what it calls a “25bp rate cut surprise.” It does, though, reference a divided MPC regarding the need for monetary easing. “The balance of views within the MPC is gradually shifting into the dovish camp as there is now a group of 2-3 directors that is concern

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