Back

Latin American Economy & Business - May 2016 (ISSN 1741-7430)

Colombia: Higher interest rates, lower growth, but a soft-landing overall

At its meeting on 29 April, Colombia’s central bank (BanRep) increased its key policy rate by 50 basis points to 7.0% in a move against elevated inflation. Overall though, most indicators suggest that the economy – one of the best performing in the region over the last year or so – should experience a soft landing. Growth will continue, albeit more slowly than in 2015.

End of preview - This article contains approximately 577 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

LatinNews
Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
Contact
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.