Free Trial

Asofondos Event Continues, Presidential Candidates Speak

COLOMBIA
  • Colombia pension funds event continues – the agenda can be found here:
    • 0830 local time: Colombia Finance Minister Jose Manuel Restrepo speaks.
    • 1045 local time: Colombia presidential candidates debate their pension reform proposals.
  • Colombia’s economy is probably now operating at its full capacity following its recent strong growth, according to central bank co-director Roberto Steiner.
    • On inflation Steiner stated Core inflation is performing better than headline and that expectations suggest inflation will be high for a while.
    • Expectations are falling. “Two years from now they are closer to 4%, which is still higher than one would like to see given that the target is 3%, but that’s a dynamic that is acceptable, welcome.”
    • Steiner reiterated that here are different opinions about the speed with which the monetary stimulus should be withdrawn.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.