Colombia: Central bank has now additional reasons to be cautious in coming months – TDS – by FXstreetNews Colombia Banks
ycle and they warn that after the recent Cabinet reshuffle form the President, the central bank has now additional reasons to be cautious in coming months.“We think BanRep has hit terminal rate at 13.25%. As we expected, the central bank deployed another 25bp rate hike in a decision by majority. The wording of the forward guidance did not provide a hint on the central bank hitting terminal after today's meeting. Once more, it was stated that future decisions will depend on incoming data.
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