Bank of the Republic of Colombia
Bank of the Republic of Colombia
October 31, 2016
As they had done at the two previous monthly meetings, members of the Board of Directors left the main central bank rate unchanged at 7.75%. From September 2015 to July 2016, a series of increases had lifted such from 4.50% in response to inflation well above target. “Strong transitory supply shocks are blamed.” Officials are […] More