LatAm Daily | Colombia’s CB considers necessary an increase in the benchmark interest rate
Published on Monday, April 4, 2016
LatAm Daily | Colombia’s CB considers necessary an increase in the benchmark interest rate
Summary
We expect two additional 25bp increases for the MPR in April and May, taking the repo rate up to 7%. In Peru, CPI might have reached its peak in the 1Q16; we consider MPR will remain stable if expected inflation moderates. In Brazil, industrial production decreased more than expected (2.5% MoM) in February; GDP will likely contract again in 1Q16.
Geographies
- Geography Tags
- Latin America
- Brazil
- Colombia
- Mexico
- Peru
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Enestor Dos Santos
BBVA Research - Principal Economist
Lorena Lechuga
Hugo Perea
BBVA Research - Chief Economist
Cecilia Posadas
BBVA Research - Principal Economist
Jorge Selaive
Carlos Serrano
BBVA Research - Chief Economist
Juana Téllez
BBVA Research - Chief Economist
Documents and files
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