Colombia | BanRep increased its monetary policy rate in 25bp to 5.75%
Published on Friday, December 18, 2015 | Updated on Friday, December 18, 2015
Colombia | BanRep increased its monetary policy rate in 25bp to 5.75%
Summary
In December, BanRep’s Board increased its monetary policy rate 25bp up to 5,75%. According to the communiqué and the press conference the main drivers behind this decision were the recent dynamics of inflation, inflation expectations, domestic demand dynamics and a slower convergence of inflation to the inflation target range, similar to the previous communiqué.
Geographies
- Geography Tags
- Latin America
- Colombia
Topics
- Topic Tags
- Central Banks
- Macroeconomic Analysis
Authors
José Vicente Romero
Documents and files
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