LatAm Daily | Colombian CB decides to keep rates on hold but not unanimously
Published on Monday, August 3, 2015
LatAm Daily | Colombian CB decides to keep rates on hold but not unanimously
Summary
The decision was taken by a majority with some board members voting for an increase. Meanwhile, BanRep reduced its 2015 growth forecast and predicted slower inflation convergence toits target. Meanwhile, urban unemployment fell to 9.7% in June, mainly due to a decline in labour force participation. Dynamics in job-creation are in line with the slowdown in activity.
Geographies
- Geography Tags
- Latin America
- Brazil
- Colombia
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Cecilia Posadas
BBVA Research - Principal Economist
Enestor Dos Santos
BBVA Research - Principal Economist
Jorge Selaive
Juana Téllez
BBVA Research - Chief Economist
Carlos Serrano
BBVA Research - Chief Economist
Hugo Perea
BBVA Research - Chief Economist
Alejandro Faci
Documents and files
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