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
