Archive for April 26th, 2014

Central Bank Watch

Central Bank of the Republic of Colombia Tightens

April 26, 2014

The Board considers that macroeconomic stability and the current convergence of inflation towards the long term goal, are compatible with a slightly less expansive monetary policy stance, a little less expansive than the current one. With that explanation, a 14-month-long low in Colombia’s central bank interest rate was terminated.  The rate was raised to 3.5% […] More