LatAm Daily | In Colombia, BanRep hikes its MPR by 25bp up to 5.50%, as we expected
Published on Monday, November 30, 2015
LatAm Daily | In Colombia, BanRep hikes its MPR by 25bp up to 5.50%, as we expected
Summary
BanRep’s board increased its MPR in November by 25bp.The decision was not unanimous and was driven by the dynamics of inflation, inflation expectations, and a slower convergence towards its target range. Despite the pause in Chilean MPR, minutes reveal that the normalisation will be data dependent. Credit decreased in real terms and the default rates increased in Brazil.
Geographies
- Geography Tags
- Latin America
- Brazil
- Colombia
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Marina Conesa
Enestor Dos Santos
BBVA Research - Principal Economist
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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