LatAm Daily | We expect Colombian CB to increase its MPR by 25bp in today’s meeting

Summary

We expect the Colombian repo rate to increase by 25bp to 6.75% today, and an additional 25bp increase in May’s meeting (up to 7%), maintaining that level for the rest of the year. In Chile, March’s economic activity figures will be released; figures should point to weak aggregate activity. We expect GDP in Mexico in 1Q16 at 0.4% QoQ.

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