National Bank of Colombia

National Bank of Colombia Eases Again

September 30, 2013

Colombia’s monetary policy rate had held steady at 5.25% for fifteen months, but easing resumed in the third quarter of 2013 with cuts of 25 basis points at the start of July, 50 bps in August and another 25 bps to 4.25% today.  An accompanying statement explains, “The resumption in disinflation has enabled a new […] More