LatAm Daily | We believe Colombia will tighten its monetary policy stance
Published on Tuesday, May 3, 2016
LatAm Daily | We believe Colombia will tighten its monetary policy stance
Summary
We modified our MPR expectation and now consider an additional 50bp increase in 2Q16 to 7.50%, remaining at that level for the rest of the year. Moreover, despite some signals of deceleration, the Colombian monthly growth rate remained stable (3.5% YoY) in February. However, we expect a gradual slowdown in coming quarters, especially in private consumption.
Geographies
- Geography Tags
- Latin America
- Brazil
- Colombia
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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