Colombia leaves rates unchanged

Colombia leaves rates unchanged

Colombia Economy & Policy Corporate & Sovereign Strategy

Colombia's central bank has opted to leave its benchmark interest rate on hold at 5.25% at its latest monetary policy meeting.The decision marks the first hold in some months for the bank, but it is unlikely to serve as the start in a long-running easing cycle. Capital Economics said in a report that it expected rates to fall further, but not until the start of 2018. Inflation ticked up in August, which seemingly persuaded the monetary policy committee to leave rates alone. Inflation,

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